Elogen will build its future gigafactory in Vendôme, in the Centre-Val de Loire region

2022-03-08

Elogen will build its future gigafactory in Vendôme, in the Centre-Val de Loire region

Elogen announces that the town of Vendôme, in the Centre-Val de Loire region, has been chosen to host its future electrolyser production plant (“gigafactory”).

Following the announcement made by the Minister of Economy, Finance and the Minister of Ecological Transition, Elogen, a company of the GTT group and French leader in PEM[1] electrolysis technology, announces that the town of Vendôme, in the Centre-Val de Loire region, has been chosen to host its future electrolyser production plant (“gigafactory”). Elogen has been developing a gigafactory project for several months, with the aim of producing high-capacity stacks[2] there from 2025.

The project developed by Elogen is one of the 15 files pre-notified by the French Government to the European Commission as part of the IPCEI[3] for hydrogen, the investigation of which is still in progress by the European Commission.

If the project were to be selected as part of the IPCEI, Elogen's electrolysis stack production capacity would reach more than 1 GW by 2030.

As part of this project, the company will also increase its presence in Greater Paris (Ile-de-France) with the strengthening of its R&D at its site in Les Ulis, close to the technological and scientific cluster of Paris-Saclay. Elogen will articulate its R&D developments around, in particular, the design of high-power stacks as well as new membranes, in partnership with European academic and industrial players.

About Elogen

Elogen, a technological expert at the service of green hydrogen

Elogen is developing advanced technologies to design and produce PEM (Proton Exchange Membrane) electrolysers to meet new uses of hydrogen in mobility, industry and energy storage. Elogen, a GTT technology group company, relies on a powerful R&D and a robust manufacturing process to provide its customers with competitive, reliable systems tailored to their needs. The technological solutions developed by Elogen, particularly suited to renewable energies, demonstrate superior efficiency and competitiveness.

Contact: contact@elogenh2.com

Investor Relations contact: information-financiere@gtt.fr/ + 33 (0)1 30 23 20 87

Media contact: press@gtt.fr / +33 (0)1 30 23 20 43

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[1] Proton Exchange Membrane.

[2] An electrolyser consists of several stacks (reactors in which the electrolysis takes place).

[3] Important Projects of Common European Interest.