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Fuel Cell Energy and Chart Industries collaborate on Hydrogen and Decarbonization Technologies

A Memorandum of Understanding (MoU) has been signed between FuelCell Energy and Chart Industries to work on developing a technology of carbonate fuels which can produce electricity while recycling CO2

To meet the evolving customer needs, FuelCell Energy, a global leader in sustainable clean energy technologies, has signed a memorandum of Understanding (MoU) with Chart Industries which is a leader in design, engineering, and manufacturing of process technologies. The MoU has been signed for supplying reliable and efficient carbon dioxide (CO2) collection for use or sequestration, as well as reliable and efficient gaseous or liquid hydrogen production. In order to produce hydrogen and decarbonize electricity, FuelCell Energy contributes its expertise in building two high-temperature electrochemical fuel cell energy platforms. On the other hand, Chart is a top producer of highly engineered equipment for the Nexus of Clean, which includes CO2 and hydrogen compression and liquefaction as well as equipment for the entire supply chains of both molecules.

Jason Few, CEO of Fuel Cell Energy, stated “Chart brings a wealth of technologies and capabilities to support every phase of the liquid gas supply chain that are complementary to FuelCell Energy’s systems. We believe the combination of Chart and FuelCell Energy technology will holistically address customer needs for hydrogen and CO2 liquefaction, compression, storage, beverage-grade CO2, and transport, For example, in the food and beverage industry where access to beverage-grade CO2 is critical for operations but often in short supply, we believe our combined strengths will help the sector with consistent pricing, availability and quality”

Jillian Evanko, CEO of Chart Industries,stated “FuelCell Energy’s technology strength in hydrogen production and carbon capture is not only a key opportunity in the marketplace but also aligned with the values and sustainability goals we hold at Chart, there is a strong opportunity to collaborate on our technologies while helping customers to impact how carbon dioxide is utilized, stored, or sequestered and enabling the safe and reliable distribution and use of hydrogen, a vital fuel for the energy transition

According to TechSci Research, One of the most significant transformations of the twenty-first century is the electrification of transportation. Road electrification has increased globally as a result of various governments' adoption of "green" initiatives. Global sales of electric vehicles increased by 41% to almost 3 million, increasing the demand for eco-friendly hydrogen fuel. Hydrogen fuels FCEVs, or fuel cell electric vehicles. They use less fuel than conventional internal combustion engines and emit no exhaust pollutants. FCEVs only create warm air and water vapor. Since they don't emit greenhouse gases, hydrogen fuel cell cars are useful in cutting down on emissions. This is then anticipated to have a favorable effect on market expansion. Additionally, hydrogen fuel cell vehicles require less maintenance and operate quietly. Furthermore, it is projected that supportive government policies, programs, and grants to promote greener technology will fuel the industry. The infrastructure for hydrogen fuel cell vehicles must first be developed, which will cost a lot of money and could slow the market's expansion over the next years. Additionally, the market's lack of knowledge of these vehicles and the existence of fewer manufacturers on the market restrain market expansion.  

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