Hexagon Purus has extended its existing framework agreement with a leading European producer of green H2 for delivery of H2 distribution systems. The framework agreement is extended to now also cover the delivery of H2 distribution systems for 2024.
Hexagon Purus’ H2 distribution systems with its type 4 H2 cylinders will be used to deliver green H2 for mobility and industrial applications in Europe. The minimum value of the framework agreement is approximately €17 MM.
“Our H2 distribution systems are agnostic to the color of the H2 molecule. The demand from our customers is strong and there is a trend towards securing future build slots by entering into long-term framework agreements, a trend that we expect to further accelerate as green H2 becomes increasingly available,” said Michael Kleschinski, EVP of Hexagon Purus. “We are very happy to extend the current agreement to support the distribution of green H2 to European mobility and industry applications.”