Chart Industries and FuelCell Energy signed a Memorandum of Understanding on a project intended to pursue opportunities that will combine the two companies’ technological assets into a powerful system for carbon capture, as well as gaseous or liquified hydrogen production and storage.
FuelCell is a global leader in the sustainable energy field and the holder of more than 450 fuel cell technology patents in the United States and globally.
The collaboration with Chart Industries will rely on FuelCell Energy’s expertise in proprietary fuel cell technology platform production, where this knowledge will be deployed for the manufacturing of two high-temperature electrochemical fuel cell energy platforms that will serve the dual purpose of collecting CO2 and generating hydrogen.
Chart, on the other hand, is one of the foremost global manufacturers of highly engineered equipment in the Nexus of Clean, which includes carbon and hydrogen compression and liquefaction, along with complex equipment for the entire supply chain for both of these molecules.
The company’s unique portfolio of services includes equipment used for liquid gas supply chain engineering, maintenance and repair, and digital monitoring, as well as services and technology for liquefied natural gas, hydrogen, biogas, and CO2.
Representatives of the two companies expressed enthusiasm over the cooperation plans, pointing out the similarities in sustainability goals and highlighting that they will focus on combining complementary technologies with the aim of helping customers make better-informed and more impactful decarbonization and hydrogen distribution decisions.
The two companies are committed to adopting planet-forward practices in their operations and share a common target of achieving carbon neutrality by 2050.
Their partnership is part of a bigger agenda envisioned to help customers make a smooth transition from conventional options to greener energy.