on HYDROGEN REFUELING (EPA:ALHRS)
HRS and pHYnix collaborate for the deployment of hydrogen mobility projects
Grenoble, June 20, 2024 - HRS, manufacturer of hydrogen refueling stations, has signed an amendment with pHYnix, producer of green hydrogen, to adapt the deployment of hydrogen stations.
HRS will deliver to pHYnix, by the end of 2027, three HRS40 stations with a capacity of 1 ton/day and three HRS14 stations with a capacity of 200 kg/day. These six stations, valued at 12.5 million euros, have been in production since 2023. Payments will be staggered from June 2024 to December 2027.
The initial order for two HRS40 stations has been cancelled. HRS will redirect these stations to other orders, neutralizing the financial impact. A strategic partnership has been concluded to promote sales of HRS stations.
The agreement, valid until the end of 2027, demonstrates HRS' commitment to the growth of pHYnix.
R. E.
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