Wärtsilä signed an MOU with Global Energy Ventures (GEV) of Australia to cooperate on the inclusion of Wärtsilä propulsion systems in GEV’s compressed hydrogen (C-H2) ships.
The cooperation aims at advancing GEV’s Approval in Principle (AiP) application for its new 430-ton C-H2 vessel. It is also intended to demonstrate the availability of a highly efficient, low-emissions propulsion system for the vessel.
“We look forward to working closely with Wärtsilä on this project. We have shown that C-H2 shipping is ideally suited for exporting green hydrogen with a lower delivered cost and having a technology leader such as Wärtsilä with us, we can deliver a shipping solution that is completely sustainable,” said Martin Carolan, CEO, GEV.
Compression is a preferred solution for marine hydrogen transport but is often overlooked due to its lower volumetric energy density. The parties to the agreement believe that the C-H2 project will eliminate the technical barriers and deliver a solution which is superior to other transport alternatives.