Hynamics UK & Hy24 Partner To Develop USD 407m Green Hydrogen Facility In England

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Hynamics UK & Hy24 Partner To Develop USD 407m Green Hydrogen Facility In England

Updated on Jul 10, 2025, 04:00 AM IST
Written by K.Vaishnavi Srivalli

Hynamics UK, a subsidiary of EDF Group, and Hy24 have partnered to advance the development of the Fawley green hydrogen project, located beside the Esso Fawley refinery in Hampshire, England. The project was selected in the UK government's subsidy scheme, Hydrogen Allocation Round 2 (HAR2), in April 2025. Hy24 will engage in exclusive negotiations to fund a £300m (USD 407 Million) hydrogen electrolytic production facility.

Project Details

The proposed project will include a 120MW electrolyser, which could potentially save up to 100,000t per year of CO₂ by replacing heavy fuel oil and grey hydrogen with its low-carbon hydrogen. The project will supply ExxonMobil's petrochemical complex with green hydrogen as it seeks decarbonisation solutions.

Partnership and Funding

Hy24 UK, Southern Europe and MENA head Amir Sharifi stated that the policy landscape in the UK is providing the certainty and clarity needed to enable decarbonisation projects at the right scale and pace. Hynamics UK CEO Pierre de Raphélis-Soissan expressed delight with the partnership, marking a new stage in the development of Hynamics' projects in the United Kingdom. He further added that the MoU s in line with the Clean Industrial Strategy presented by the British government in June [2025] and is a testimony to the potential for cooperation between industrial and financial players across the Channel.


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