Nel ASA and Kværner ASA have entered into a strategic collaboration agreement. The companies will collaborate on specific green hydrogen projects and standardisation of solutions for large scale hydrogen production plants.
In the agreement, the companies have identified a range of projects they wish to collaborate on moving forward. Work has already been initiated to jointly develop a standardised 20 MW H2 production module, and will proceed to include a standardised design for large 100 MW+ modules to cater for the anticipated demand for major scale plants.
The new partnership with Nel is in line with Kvaerner’s strategy to grow the business within renewable and green solutions. It is expected that renewables will gradually count for one third of Kvaerner’s total revenues in the coming years.
Read the article online at: https://www.energyglobal.com/other-renewables/04032020/nel-and-kvaerner-to-develop-green-hydrogen-projects/