French clean-hydrogen investor Hy24 has struck an early-stage deal with Hynamics UK to back a 120 MW green hydrogen project feeding into ExxonMobil’s vast Fawley refinery site. EDF subsidiary Hynamics—already shortlisted under the UK’s Hydrogen Allocation Round 2 (HAR2)—will partner through Hy24’s Clean Hydrogen Infrastructure Fund on the £300 m (USD 408 m) venture, which sits adjacent to the Esso Fawley refinery and will supply low-carbon hydrogen into its petrochemical operations.

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