(Boursier.com) — HRS signed with pHYnix, an independent European producer of green hydrogen and associated services, an amendment to the framework agreement of January 19, 2023, aimed at adapting the deployment of pHYnix hydrogen station projects.
As part of this amendment, HRS is expected to deliver to pHYnix, before the end of 2027, 3 HRS40 stations with a capacity of 1 ton/day and 3 HRS14 stations with a capacity of 200 kg/day. These 6 stations, with a cumulative value of 12.5 million euros, have been in production since 2023.
The partners have agreed on a new payment schedule, spread out between June 2024 and December 2027.
The order for 2 additional HRS40 stations with a capacity of 1 tonne/day appearing in the initial framework agreement has been withdrawn.
To date, the cumulative turnover of these 2 stations, recognized as progress since 2023, amounts to 2.1 ME as of December 31, 2023, representing an advancement of 30%. HRS will redirect these stations to other orders currently being negotiated, with similar or similar characteristics, which will neutralize the impact as soon as they are reassigned..
Furthermore, a strategic partnership was concluded with pHYnix to promote the development of sales of HRS stations, particularly in new markets. This partnership provides technical and commercial assistance from HRS, allowing pHYnix to benefit from increased support in the possible resale of HRS stations already acquired and in the conclusion of new orders.
This agreement, valid until the end of 2027, reflects HRS’s long-term commitment to the success and growth of its partners.
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