FuelCell Energy & Malaysia Marine & Heavy Engineering have signed a memorandum of understanding to collaborate on the development of large-scale electrolyzer facilities in Asia, New Zealand and Australia. These facilities are being designed to dramatically increase the efficiency and reduce the cost of green hydrogen* production. Together, the companies expect to deliver electrolyzer equipment to make large-scale clean hydrogen production an easily accessible and viable energy option.The collaboration aims to address the two most significant challenges in the production of green hydrogen, namely the cost of input electricity and the capital cost of the production facility. Due to its efficiency in producing hydrogen, FuelCell Energy’s solid oxide technology requires less energy input compared to lower efficiency and low-temperature electrolysis. On the other hand, MHB's ability to modularize and build at scale is expected to reduce the total capital cost for large-scale electrolyzer projects. The joint solution is expected to produce zero-carbon hydrogen to power hundreds of thousands of homes from each production facility.
FuelCell Energy & Malaysia Marine & Heavy Engineering have signed a memorandum of understanding to collaborate on the development of large-scale electrolyzer facilities in Asia, New Zealand and Australia. These facilities are being designed to dramatically increase the efficiency and reduce the cost of green hydrogen* production. Together, the companies expect to deliver electrolyzer equipment to make large-scale clean hydrogen production an easily accessible and viable energy option.The collaboration aims to address the two most significant challenges in the production of green hydrogen, namely the cost of input electricity and the capital cost of the production facility. Due to its efficiency in producing hydrogen, FuelCell Energy’s solid oxide technology requires less energy input compared to lower efficiency and low-temperature electrolysis. On the other hand, MHB's ability to modularize and build at scale is expected to reduce the total capital cost for large-scale electrolyzer projects. The joint solution is expected to produce zero-carbon hydrogen to power hundreds of thousands of homes from each production facility.
