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Guofu Hydrogen Energy to Supply Electrolyzer Assembly Kits to Indian Renewable Energy Firm

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Jiangsu Guofu Hydrogen Energy Equipment (HKG:2582) signed a $5.1 million contract to supply electrolyzer assembly kits to India's Advait Greenergy for green hydrogen production systems, according to a Hong Kong bourse filing Thursday.

Shares of the hydrogen energy equipment provider fell nearly 1% in late morning trade Friday.

The firm will supply 23 sets of 1 MW electrolyzer assembly kits and four sets of 5 MW electrolyzer assembly kits to the Indian renewable energy company.

The firm said it also won a bid to supply a series of water electrolysis hydrogen production equipment to Shandong Expressway Service Development Group for 21.3 million yuan.

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