One sentence summary – Elyse Energy has secured a financing deal with Hy24 and Mirova to support the development of its e-fuels projects in France and Spain, aiming to deploy 2.5 gigawatts of installed capacity and produce over one million tonnes of e-methanol and 200,000 tonnes of sustainable aviation fuels annually, contributing to decarbonization efforts, enhancing energy sovereignty, fostering reindustrialization, and meeting the International Maritime Organization’s emissions reduction goals for international shipping.
At a glance
- Elyse Energy secures financing deal with Hy24 and Mirova
- Deal supports development of e-fuels projects in France and Spain
- Projects aim to deploy 2.5 GW of installed capacity
- Projects aim to produce over 1 million tonnes of e-methanol and 200,000 tonnes of sustainable aviation fuels annually
- Elyse’s prominent projects include eM-Rhone and BioTJet
The details
Elyse Energy, a European energy company, has recently secured a financing deal with Hy24 and Mirova.
This deal is intended to support the development of its e-fuels projects in France and Spain.
The projects aim to deploy approximately 2.5 gigawatts of installed capacity.
They also aim to produce over one million tonnes of e-methanol and 200,000 tonnes of sustainable aviation fuels annually.
One of Elyse’s prominent projects is the eM-Rhone project.
This project focuses on producing 150,000 tonnes of green e-methanol annually.
The e-methanol is intended for the maritime sector and industry.
Additionally, the BioTJet project in France is in advanced stages of development.
This project aims to produce 75,000 tonnes of e-biokerosene and 3,000 tonnes of naphtha each year.
Pascal Penicaud, President of Elyse Energy, views e-fuels as an opportunity.
He sees it as a chance to combine decarbonization, energy sovereignty, and reindustrialization in France and Europe.
Penicaud recognizes the importance of private capital in financing the creation of the e-fuels sector.
This financing deal with Hy24 and Mirova will play a crucial role in supporting Elyse’s ambitious projects.
The International Maritime Organization (IMO) underlines the significance of e-fuels.
E-fuels are important in reducing greenhouse gas (GHG) emissions from international shipping.
Renewable electricity-produced hydrogen and ammonia demonstrate promise as alternatives for shipping.
The collaboration with Hy24, a company committed to building the hydrogen ecosystem, will contribute to the development of this sector.
Mirova, a long-standing player in the energy transition, has been actively financing renewable energy production capacities since 2002.
Mirova focuses on investing in projects that employ mature technologies.
Mirova’s partnership with Elyse aligns with their investment strategy in energy transition infrastructure.
This collaboration aims to support the deployment of clean energies and decarbonization solutions specifically in the transport sector.
By leveraging the financial support from Hy24 and Mirova, Elyse Energy is poised to make significant strides in the development of its e-fuels projects.
These projects hold the potential to contribute to decarbonization efforts.
They also have the potential to enhance energy sovereignty.
Furthermore, they could foster reindustrialization in France and Europe.
Finally, they could help meet the IMO’s emissions reduction goals for international shipping.
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| gasworld.com |
|---|
| – Elyse Energy has signed a financing deal with Hy24 and Mirova to support the development of its European e-fuels projects. – Hy24 and Mirova will support the development of Elyse’s projects in France and Spain. – |
| The projects aim to deploy nearly 2.5 gigawatts of installed capacity and produce over one million tonnes of e-methanol and 200,000 tonnes of sustainable aviation fuels annually. |
| – Elyse’s eM-Rhone project targets the production of 150,000 tonnes of green e-methanol annually for the maritime sector and industry. – |
| The BioTJet project in France is in advanced stages of development and aims to produce 75,000 tonnes of e-biokerosene and 3,000 tonnes of naphtha annually. |
| – Pascal Penicaud, President of Elyse Energy, sees e-fuels as an opportunity to combine decarbonisation, energy sovereignty, and reindustrialisation in France and Europe. |
| – Private capital will be crucial in financing the creation of the e-fuels sector. |
| – |
| The International Maritime Organisation emphasizes the importance of e-fuels in reducing GHG emissions from international shipping. – Hydrogen and ammonia are considered promising alternatives for shipping if produced using renewable electricity. – Hy24 is helping to build the hydrogen ecosystem alongside other players committed to the energy transition. |
| – Mirova has been involved in the energy transition since 2002, financing renewable energy production capacities and investing in projects using mature technologies. |
| – Mirova’s partnership with Elyse aligns with their investment strategy in energy transition infrastructure to support the deployment of clean energies and decarbonization solutions in the transport sector. |
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