on MCPHY ENERGY (EPA:MCPHY)
McPhy Energy: Abandonment of Central Europe Green Hydrogen Project
McPhy Energy has announced the cancellation of its green hydrogen production project in Central Europe. This decision follows the last-minute withdrawal of the off-taker. The project was to include two McLyzer 3200-30 electrolyzers, with a total capacity of 24 MW. The electrolyzers were meant to operate within the energy sector.
This development marks a significant shift for McPhy Energy, known for its advanced electrolyser technology. The project was part of a broader initiative to promote low-carbon hydrogen solutions.
Despite the setback, McPhy continues to focus on its upcoming financial events. The company's Half-Year Results for 2024 are expected to be published on October 29, 2024.
R. P.
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