Green Hydrogen Systems has announced that it has secured its largest order to date. The contract, which was signed with an unnamed customer, involves the delivery and maintenance of 16 A-series electrolyzers with a combined capacity of 7.2MW, according to a statement released by the company on Friday.
“We at Green Hydrogen Systems are pleased to announce our largest order to date. This order confirms the competitive position of our modular pressurized alkaline electrolyzers internationally,” writes Green Hydrogen Systems Chief Executive Sebastian Koks Andreassen in the media release.
The manufacturer announced plans to release updated financial figures for 2022 and provide full-year guidance for 2023 in January after completing their financial reporting. They also mentioned that there will be a teleconference to follow the announcement.
Before this statement, the company's stock had risen 1.9% on the Nasdaq Copenhagen exchange. Following the announcement of the order, it increased by 8.7%, reaching DKK 28.65 (EUR 3.85) per share.