The technology group Wärtsilä has signed a Memorandum of Understanding with Global Energy Ventures of Australia, a company specialised in delivering compressed shipping solutions for transporting energy to regional markets. The two companies will cooperate on the inclusion of Wärtsilä propulsion systems in GEV’s compressed hydrogen C-H2 ships. The MOU was signed in Sydney in Australia. 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. Compression delivers a proven, simple, and efficient method for transporting green hydrogen. It 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.
The technology group Wärtsilä has signed a Memorandum of Understanding with Global Energy Ventures of Australia, a company specialised in delivering compressed shipping solutions for transporting energy to regional markets. The two companies will cooperate on the inclusion of Wärtsilä propulsion systems in GEV’s compressed hydrogen C-H2 ships. The MOU was signed in Sydney in Australia. 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. Compression delivers a proven, simple, and efficient method for transporting green hydrogen. It 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.
