Gaussin has announced the signing of a term-sheet to implement an exclusive partnership with Hydrogen Refuelling Solutions (HRS). The agreement will see HRS will supply 36 hydrogen refuelling stations across the EU between now and 2026.
As part of the agreement, Gaussin will receive an investment of €7 million ($8.1 million) from HRS. Gaussin in turn will market a turnkey solution throughout the EU that will be applicable for its zero-emission vehicles designed for airports, logistics, ports, Smart Cities, and roads.
“HRS’s expertise and its international reputation in the field of hydrogen stations make us confident in our ability to deliver robust and reliable solutions while simplifying our value proposition for our customers with a turnkey solution integrating the production and distribution of hydrogen, in addition to Gaussin vehicles, together with all the associated services,” said Christophe Gaussin, Chairman and CEO of Gaussin.
Hassen Rachedi, Founder, Chairman and CEO of HRS, added “This is a historic agreement for the deployment of hydrogen in Europe. Our new partnership, spanning both commercial aspects and investment with a player as dynamic and ambitious as Gaussin, will allow progress in the structuring of the sector and help accelerate the rollout of our hydrogen mobility solutions.
“Large-scale projects are emerging, thanks in large part to support from numerous European stimulus plans. Our new partnership will allow the first comprehensive turnkey offer to satisfy this massive demand through joint innovation from our two groups.”
Hydrogen is becoming an increasingly used fuel within the ports sector with North Sea Port recently signing an agreement with Gasunie to develop a regional transport network for hydrogen throughout Zeeland. Announced in September 2021, the ‘Hydrogen Delta Network NL’ is set to build on the area’s existing position for hydrogen and is expected to be implemented over the next coming years.