2005 Seary 240 Sundeck, replaced electric fuel valve, engine won't stay running

[Mouseketeer53]

5.0 Bravo 3R, the boat has an electric fuel valve which has a line from the fuel tank to the cool fuel box with the fuel pump. The valve became too hot to touch and the boat would not start. I just replaced the valve. My understanding is this valve shuts off the fuel in case of a fire and has to do with the halon system.
Note: the original valve had a psi of 10 but the new replacement PER the SeaRay dealer is now a different part number and has a psi of 2.
I have primed the lines but the fuel pressure does not hold and the boat will not stay running. Any suggestions of what could be the issue. The electric fuel valve is now warm when I try to start it, whereas I replaced it because it was too hot to touch.
The photo attached is the valve that was replaced.
Is there a fuse that could be a problem? How do I narrow down the problem or a solution?

 

[Bt Doctur]

for testing ,remove the valve and connect the hoses

 

[alldodge]

Oh I had one of those on my generator, and they are to shut off the fuel if the engine dies (for the Gen) and may be deactivated by the key on your motor. They use to be called fuel puppy. Mine was replaced by an anti-siphon valve on the tank. So far as I know the manufactures don't use them anymore

Actually I still have mine sitting on the shelf

 

[Fun Times]

I believe some of the parker skinner fuel solenoids have a manual override feature in case of a problem so be sure the valve is in the correct position then try the opposite for more testing. The following link offers some information of how to switch it over. http://clubsearay.com/showthread.php/23308-Parker-Skinner-Fuel-Solenoid-Manual-Overide

Sea Ray is about the only boat manufacturer "known" to still be using the parker skinner fuel solenoids and one of the members mentions that these solenoids are rated at 170 degree operating temperature.