A French consortium, composed of Lhyfe & TSE, will create a green energy hub

A French consortium, composed of Lhyfe & TSE, will create a green energy hub

Lhyfe (Euronext: LHYFE), a producer and supplier of green and renewable hydrogen, and TSE, an independent French solar energy producer, announce that they are building the foundations of a genuine industrial park focused on green energies and the circular economy on the Fonderies du Poitou site, including the installation of a fleet of photovoltaic panels and a green and renewable hydrogen production unit.

A recovery project co-constructed with the exceptional support of the Nouvelle-Aquitaine Region

A year after the closure of the site, the Paris Commercial Court has just issued its decision on the purchase of the land and real estate assets of the two Fonderies du Poitou sites: the Fonderies d'Ingrandes site (43 ha, 40,000 m² of buildings) and the Oyré Technical Landfill Center (35 ha).

The Fonderies d'Ingrandes site is taken over by a consortium, formed as a solidarity group, of the companies Lhyfe and TSE. As for the technical landfill center, it is fully taken over by TSE and its land will be devoted exclusively to the production of solar energy (45 GWh).

For more than a year and a half, Lhyfe and TSE have prepared this takeover, accompanied and supported by the Nouvelle-Aquitaine Region, by the Grand Châtellerault conglomeration, and by the Vienne Prefecture and the Châtellerault Sub-prefecture, to build a joint project that goes far beyond the “simple” production of green hydrogen or green electricity.

A reindustrialization project focused on green energies

“The joint project between Lhyfe and TSE for the Ingrandes Foundries site is particularly ambitious. It consists first of all in dismantling the existing infrastructures and in depolluting the site to make it compatible with the industrialization process thanks to the Green Fund and then in building the foundations of a genuine ecological industrial park where companies will work in synergy.”, explains Ghislain Robert, Sales Director France at Lhyfe.

“After nearly two years of work, in consultation and with the support of local authorities, TSE and Lhyfe are proud, through an innovative consortium, to carry out this project to revitalize the historic site of the Poitou Foundries. A green and virtuous reindustrialization project, creating jobs to accelerate the energy transition and the economic development of the territory”, says Alban Casimir, Deputy CEO for Industrial Convergence at TSE.

The photovoltaic power that TSE plans to install on the landfill site as well as on the Ingrandes Foundries site could supply electricity to the Ingrandes Foundries site, and allow Lhyfe to produce green and renewable hydrogen. The electricity produced will represent the equivalent of the consumption of the city of Poitiers.

A virtuous project to revitalize the local economy

Several companies have already shown their interest in joining the Ingrandes site, in synergy with Lhyfe and TSE, including an industrial logistics company that would install a 20,000 m² logistics platform, as well as companies producing e-fuel (e-methanol and RdMe).

Ultimately, this green energy hub should allow, with the contribution of all the companies concerned, to create 250 to 300 jobs and would represent an investment amount of several hundred million euros.

“For the Region, it is an emblematic project to reconvert a major industrial site in New Aquitaine. Focused on green energies and the circular economy, this project, led by the consortium created by Lhyfe and TSE, will create hundreds of qualified and non-relocatable jobs. It is fully in line with our NeoTerra Roadmap and our desire to become the first eco-responsible region in France. It is a second wind for the Châtelleraudais employment area, which has been heavily impacted by successive crises in recent years”, underlines Alain Rousset, President of the Nouvelle-Aquitaine Region.

“Our city welcomes this news with great enthusiasm and pride. Only one year after its liquidation, we are going to write a new page for Les Fonderies du Poitou, thanks to the combined efforts of the public authorities. The project carried out by the consortium of companies is in line with our desire to make Grand Châtellerault the green territory of the industry, and especially with the objectives of our PCAET. Finally, with more than 250 jobs at the end of the day, this is an important attractiveness factor for the agglomeration.” , explains Jean-Pierre Abelin, mayor of Châtellerault and president of Grand Châtellerault.

Finally, this project, specifies the Prefecture of Vienne, is part of one of the pillars of France 2030 (funding could be mobilized in the long term) such as the Regional Council of Nouvelle AquitaineCRNA, which must, within the framework of Terrena Neoterra, have financial support.