The partnership between the two companies will see the construction of numerous installations to produce synthetic, green hydrogen-based fuels for land, sea, aviation, and industry, using €200m ($215m) of capital raised by Hy2gen AG earlier this year (2022).
SAF+ Consortium hopes to utilise its well-known partners, including Airbus to test the clean fuel, and ADM Montréal Airport to support transportation of the fuels to YUL Aéroport international Montéal-Treudeau, and Aéro-Montréal, Québec’s Aerospace Cluster.
Cyril Dufau-Sansot, CEO of Hy2gen and President of Hy2gen Canada, said, “Hy2gen is convinced that hydrogen-based renewable fuels are a perfect short-term solution to the decarbonisation of the main producers of the greenhouse gasses such as the air sector.
“Hy2gen welcomes this partnership agreement with the SAF+ Consortium as part of our efforts and our expertise to help Québec not only to meet its greenhouse goals for 2030, but also to lead the way.”
The announcement comes just days after the Québec Government release its Green Hydrogen and Bioenergy Strategy to accelerate the production, distribution and use of green hydrogen and bioenergy.
Jean Paquin, CEO at SAF+ Consortium, commented, “The alliance of our two companies creates a champion in Québec’s green hydrogen industry and the setting up of a strong renewable fuel industry for the decarbonisation of the aviation sector.”
North American Hydrogen Summit
H2 View is taking its events platform to America’s original clean hydrogen hub of California. Together with the California Fuel Cell Partnership (CaFCP), we will stage our North American Hydrogen Summit in San Francisco on July 14-15.
As our summit theme Building Bridges: Hydrogen hubs and investment suggests, the event will explore the $8bn of funding announced to create at least four regional hydrogen hubs in the US. These hubs will turbo-charge the nation’s progress toward heavy trucking and industrial sectors that run without producing carbon pollution – and they may just provide the path forward to a hydrogen-fuelled future.
With California and Texas vying to be America’s hydrogen capital today, where are the hubs of tomorrow? Further still, what can other states, and countries, learn from California’s success story? And how can we build bridges to a successful flow of international investment?
If you are a member of the CaFCP, be sure to grab your ticket at a discounted rate with a code that can be provided to you by the events team.
Full information about this event including attendance and sponsorship packages can be found here.