H2V will set up a green hydrogen gigafactory in Saint-Saulve near Valenciennes in two phases, the first for 2029 and the 2nd for 2031.
It will create around a hundred direct jobs and between 50 and 100 indirect jobs, for an investment ranging from 450 to 500 million euros. We are talking about green hydrogen, because the electricity used for the electrolysis of water – a process which makes it possible to produce hydrogen – will be low carbon, either from nuclear power or from renewable energies.
And H2V, which will also set up the same type of factory in Loon-Plage, near Dunkirk, has chosen Valenciennois for its second establishment in our region, in order to supply industrial companies in this area such as LME, Toyota or Stellantis and even a little further in Belgium. Companies that will ultimately need to decarbonize their production.
