Norwegian companies Nel and Kvaerner are working together to develop green hydrogen projects and the development of standardised solutions for large scale hydrogen production plants.
The companies said they have identified a range of projects on which to collaborate on moving forward.
Work has already been initiated to jointly develop a standardised 20MW production module, and they also aim to develop a standardised design for larger – 100MW-plus – modules.
Nel is a global, dedicated hydrogen company, delivering optimal solutions to produce, store and distribute hydrogen from renewable energy.
Nel chief executive Jon Andre Lokke said: “We’re happy to enter into this collaboration agreement with Kvaerner, who have extensive experience from large projects all over the world.
“As we see projects growing in size and complexity, it’s important to have a strong partner such as Kvaerner, both for standardising large scale green hydrogen production facilities, and also building them.
“We look forward to working together with Kvaerner and expect to see results from this collaboration in the near future.”
Kvaerner president and chief executive Karl-Petter Loken said: “This is a long term commitment, and Kvaerner is excited to collaborate with a partner like Nel.
“Our goal is to further strengthen our competitiveness through leveraging each other’s competencies and experience, and ensure the most efficient and predictable project deliveries for our customers.
“We have developed a set of capabilities over the last five decades, comprising execution of complex project developments on an EPCI basis.
“We are also among the most experienced contractors in the offshore structure space.
“Our capabilities are recognised, valuable and directly transferable to the renewables segment.”
Kvaerner said the partnership with Nel is in line with its 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.
“This is an important collaboration as it opens up new areas of business for Kvaerner, and increase our competitive force in the renewables market,” added Loken.