Siemens, in partnership with Guofu Hydrogen and RCT GH Hydrogen, has signed a Memorandum of Understanding to collaborate on advancing the hydrogen value chain, particularly focusing on the development and manufacture of electrolyzers and green hydrogen production. This partnership signifies a significant step towards global expansion in green hydrogen technology. Siemens will be the preferred supplier and technology partner for Guofu Hydrogen's expansion plans, involving engineering electrolyzers, establishing new electrolyzer manufacturing facilities, and developing, constructing, and operating hydrogen production plants. Siemens will utilize its Siemens Xcelerator portfolio, including industrial automation, instrumentation, electrification, and building technology, to drive the industrialization of green hydrogen production and contribute to the global energy transition. The collaboration also aims to establish new benchmarks in hydrogen infrastructure development and promote a sustainable hydrogen economy. Furthermore, the partnership will create a global hydrogen partner ecosystem, supported by Siemens Xcelerator, to accelerate innovation and standardization in the industry. Guofu Hydrogen, a leading supplier of hydrogen equipment with a global presence, is poised to strengthen its position as a provider of green hydrogen solutions through this strategic partnership.