Swiss Steel Group has tapped Lhyfe (EPA:LHYFE) to install a 30-MW green hydrogen production plant to decarbonise the manufacturing of stainless steel products at its site in France’s Savoie department.

The Nantes, France-based green hydrogen developer said on Tuesday it will set up the facility for its client’s Ugitech subsidiary, in line with the group’s ambitions to decarbonise part of its industrial operations. The initiative will be carried out under a Memorandum of Understanding (MoU) between Lhyfe and Ugitech.