Queensland Hydro picks contractors for 2-GW pumped storage project
Sep 18, 2024 6:05 CESTUS fuel cell technology platforms manufacturer FuelCell Energy Inc (NASDAQ:FCEL) and a unit of Malaysia Marine and Heavy Engineering Holdings Btd (KLSE:MHB) have agreed to collaborate on the development of large-scale electrolyzer facilities in the Asia-Pacific region.
The partnership will revolve around FuelCell Energy’s solid-oxide technology, which, it says, requires less energy input compared to low-temperature electrolysis, and MHB’s ability to modularise and build at scale. This combination is expected to lower the total capital cost for large-scale electrolyser projects and essentially reduce the cost of green hydrogen production.
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The newly-signed memorandum of understanding between FuelCell Energy and Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE) outlines their future cooperation on projects in Asia, New Zealand, and Australia.
“We recently announced that we are accepting orders for our solid oxide electrolyser platform, the result of 20 years of R&D and testing. This collaboration with MHB is the next significant milestone, as we prepare to offer green hydrogen production for energy at a very large scale and lower cost,” commented Mark Feasel, chief commercial officer of FuelCell Energy.
The company’s solid-oxide electrolyser comes in the form of a 1-MW unit that fits in the footprint of two standard shipping containers. FuelCell Energy says it can be replicated for multi-megawatt installations, while the addition of consolidated balance of plant equipment will enable larger-scale installations of up to the gigawatt scale.
Queensland Hydro picks contractors for 2-GW pumped storage project
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