Babcock & Wilcox (B&W) announced that it has entered into an agreement with Chart Industries to collaborate on the further deployment of B&W’s BrightLoop H2 generation technology, utilizing Chart’s integrated H2 liquefaction and cryogenic carbon capture equipment and expertise. Together, this solution provides economic generation of low-carbon H2 and supplies cost-effective, transportable forms of liquid H2 and CO2.
B&W and Chart will also work together to develop sales and marketing strategies for potential commercial H2 and carbon capture customers and projects.
“This collaboration agreement with Chart offers tremendous opportunity to further deploy B&W’s advanced BrightLoop technology,” said Kenneth Young, Chairman and Chief Executive Officer, B&W. “Chart is recognized as an industry leader in liquefaction of CO2 and hydrogen, and their expertise will complement B&W’s proven chemical looping technology as we work together to identify new opportunities to grow our respective businesses.”
“Low-carbon intensity hydrogen is already playing a key role in the global effort to reduce emissions and combat climate change,” Young said. “We’re excited to use our technologies and expertise to help customers across the power and industrial markets achieve their greenhouse gas and emissions reduction targets.”
"We are excited to partner with B&W to accelerate further progress in the growing hydrogen economy, in particular, for bringing more efficient and scalable solutions,” said Jill Evanko, Chart’s CEO and President. “The combination of our respective companies’ hydrogen, CO2 and chemical technology expertise is expected to bring more innovative and cost-effective offerings to customers looking to low-carbon intensity hydrogen to help achieve their carbon emission reduction goals.”