PowerCell Secures Major Order for Marine Fuel Cell Systems in Italy
Key Ideas
  • PowerCell secures a significant order worth around $16 million for 56 units of Marine System 225 to be installed on commercial cruise ships, marking a milestone in decarbonizing the marine industry.
  • The majority of the units will provide auxiliary power to internal electricity systems on ships, totaling over 6.3 MW, with additional solutions for a testbed and another vessel installation.
  • The CEO of PowerCell expresses pride in the partnership with the Italian customer and highlights the importance of hydrogen-electric solutions in reducing noise pollution and advancing towards a more sustainable marine industry.
  • This order reaffirms PowerCell's leading position in supplying hydrogen-electric solutions to the marine sector and signals a shift towards a more commercial and OEM-driven market.
Swedish hydrogen fuel cell provider PowerCell has secured a major order from a leading Italian marine OEM manufacturer for 56 units of the Marine System 225, valued at approximately $16 million. The order, representing one of the world's largest marine fuel cell system orders to date, is set to be delivered starting in mid-2025 and completed by year-end. The majority of the units will be installed on commercial cruise ships to provide auxiliary power, amounting to more than 6.3 MW. Additionally, a 3.2 MW solution is being developed for an internal testbed and another 3.2 MW solution for a separate vessel installation. This initiative is seen as a significant step towards decarbonizing the marine industry and promoting the adoption of hydrogen-electric solutions. CEO Richard Berkling emphasized the importance of the order in advancing a more sustainable and quieter marine industry, underlining the benefits of hydrogen technology. The partnership with the Italian customer is celebrated as a testament to PowerCell's leadership in supplying environmentally friendly solutions. With this order, PowerCell solidifies its position as a key supplier of hydrogen-electric systems in the marine sector and underscores the shift towards a more commercial and OEM-driven market for sustainable marine solutions.
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