Beijing, China and Madrid, Spain – September 3, 2024 – Agastyah2 (“Agastyah2” or “the Company”), a leading global electrolyzer manufacturer and hydrogen technology developer, is set to significantly increase its presence in Europe, including plans to establish a electrolyzer manufacturing facility, launch a technology development program, and build green hydrogen production plants in Spain.
These plans will greatly increase Agastyah2’s scale, efficiency and competitiveness of its electrolyzer products sold to the European market, and reinforces the Company’s strategy to grow across international markets and solidify its repositioning as a global player in hydrogen. The expansion plans announced today include: