By Dominic Chopping Norway’s TECO 2030 ASA said Wednesday that it has signed a memorandum of understanding with Gen2 Energy to cooperate on relevant projects where green hydrogen is needed for fuel cells. TECO 2030 is developing hydrogen-fuel cells and other solutions to help the maritime industry reduce its emissions, such as exhaust-gas cleaning and carbon-capture systems for ships.
Wednesday’s deal will see the parties investigate the supply of green hydrogen from Gen2 Energy for relevant projects where customers need hydrogen and power conversion through fuel cells either in ports, offshore fish farms or other heavy-duty customers. Gen2 Energy will also involve TECO 2030 Marine Fuel Cells in Gen2 Energy’s seaborn value chain, allowing hydrogen to be transported onboard vessels powered by hydrogen fuel cells. The parties intend to work together for soft…