Technology Development

Chart and FuelCell Energy indication MoU based mostly on hydrogen technology advancement and decarbonisation

Chart and FuelCell Strength sign MoU based mostly on hydrogen know-how progress and decarbonisation

FuelCell Energy and Chart Industries have signed a Memorandum of Knowledge (MoU) to collaborate on decarbonisation and hydrogen technologies.

Underneath the MoU, the two companies will establish chances to combine complementary strengths in providing responsible and successful carbon dioxide (CO2) capture for use or sequestration, and technology and storage of gaseous or liquefied hydrogen.

FuelCell Strength will carry its expertise in producing two large-temperature electrochemical fuel cell electricity platforms for decarbonising electric power and making hydrogen.

Chart will utilise its practical experience in the producing of extremely engineered products in the Nexus of Thoroughly clean, like CO2 and hydrogen compression and liquefaction, and tools for the full provide chains of both molecules.

Jason Couple, CEO of FuelCell Power, mentioned, “We believe that the blend of Chart and FuelCell Vitality technological know-how will holistically address shopper requirements for hydrogen and CO2 liquefaction, compression, storage, beverage-quality CO2, and transport.

“For instance, in the foods and beverage market the place entry to beverage-quality CO2 is essential for functions but typically in quick source, we imagine our blended strengths will enable the sector with reliable pricing, availability and good quality.”

Jillian Evanko, CEO of Chart Industries, additional, “FuelCell Energy’s engineering strength in hydrogen creation and carbon seize is not only a important possibility in the marketplace but also aligned with the values and sustainability targets we keep at Chart.

“There is a sturdy possibility to collaborate on our technologies though supporting consumers to affect how carbon dioxide is used, stored, or sequestered and enabling the harmless and dependable distribution and use of hydrogen, a very important gasoline for the electricity transition.”

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