HRS, a European designer and manufacturer of hydrogen refueling stations, has signed a framework agreement with pHYnix, an independent European producer of green hydrogen and related services, materialized by a first order for 8 HRS stations, 5 of which have a capacity of 1 ton/day and 3 have a capacity of 200 kg/day. This agreement represents a minimum turnover of more than 18 M€ for HRS.
pHYnix implements European projects for the production and distribution of green hydrogen in the mobility and industrial heat sectors. To this end, pHYnix develops, builds and operates hydrogen power plants and manages the development of the associated infrastructure.
Under this agreement, which binds the partners until 2037, HRS becomes one of the main suppliers of hydrogen refueling stations for the projects developed by pHYnix. In addition, pHYnix has committed to place a part of its future orders with HRS, beyond the first 8 orders included in the agreement.
The pHYnix project pipeline is 1.7GW, and includes different modalities, from generation to mobility, in Portugal, Spain and France. The first order of 3 200 kg/day stations will go to the first projects set up by pHYnix. The second order of the other 5 1 ton/day stations will be served before June 2024 in the framework of the following projects.
Jean-Pierre RICHE, Founder and President of pHYnix declared: “we are very pleased with this partnership with HRS, one of the leading players in the hydrogen station market. This agreement demonstrates the acceleration of our development and symbolizes our desire to remain at the forefront of the transition to renewable hydrogen in Europe. pHYnix accompanies its customers throughout the value chain, from the production of renewable hydrogen to applications for the adoption of the hydrogen vehicle, by promoting the development of regional ecosystems for carbon-free mobility. ”
Hassen Rachedi, Founder and CEO of HRS added: “HRS is proud to support pHYnix in the deployment of ambitious and concrete European green hydrogen projects. The decarbonization of transport, through hydrogen mobility, requires the rapid implementation of a commercial-scale infrastructure network ranging from hydrogen production to distribution. pHYnix is today one of the most dynamic players in this field, which makes it a natural partner for HRS. Our ability to rapidly deploy large capacity stations, of 1 ton/day and more, will allow us to support the rapid expansion of pHYnix’s green hydrogen production capacities.”