Axpo participates in French hydrogen project

News-Sustainability-Today

Baden AG/Marnaz – Axpo is investing in the company Arve Hydrogène Mobilité. Their project serves to produce and distribute hydrogen for the mobility sector in the French Arve Valley between Geneva and Chamonix.

According to a press release, the Baden-based energy company Axpo is pressing ahead with the development of the hydrogen economy in France and Switzerland. By founding the project company Arve Hydrogène Mobilité, based in Marnaz, Axpo is investing in a project for the production and distribution of hydrogen for the mobility sector in the French Arve Valley. The Arve is a tributary of the Rhone.

The first hydrogen vehicles should be able to fill up with hydrogen at a filling station as early as the first quarter of 2025. The hydrogen filling station is being built in Vougy. An electrolyzer capacity of up to 5 megawatts will be gradually installed by 2030 to meet the growing demand for carbon-free mobility in the region.

The Arv’Hy project is making an important contribution to decarbonization thanks to an innovative hydrogen ecosystem in the Arve Valley between Geneva and Chamonix. “Our expertise in the field of hydrogen will optimally complement the project in cooperation with our project partners,” says Guy Bühler, head of the hydrogen team at Axpo. “It is a further step in our active commitment to building a hydrogen economy in Switzerland and Europe.”

According to the press release, the project is being supported by various local partners, including hydrogen filling station developer Atawey and Jean Lain Mobilités, a car dealer and specialist for mobility solutions in the Alpine region. Another partner is the family holding company LSBN. Bank Crédit Agricole des Savoie will provide its financial expertise, according to the Axpo press release. The Paris-based hydrogen developer Eneralys is also involved in the project. ce/gba