Hydrogen electrolyser maker McPhy could fold within months as it reports €74.1m loss for 2024

The French firm’s share price has fallen by 60% since it announced its annual results

A McPhy electrolyser being assembled at its manufacturing site in San Miniato, Italy
A McPhy electrolyser being assembled at its manufacturing site in San Miniato, ItalyPhoto: McPhy
Published 4 April 2025, 10:08Updated 4 April 2025, 10:08
McPhyFranceEuropeElectrolysersHydrogen refuelling