FuelCell Energy and Malaysia Marine Collaboration for Low-Carbon Fuel Production Facility
Key Ideas
- FuelCell Energy and Malaysia Marine & Heavy Engineering are collaborating to develop large-scale hydrogen production systems in Asia, Australia, and New Zealand.
- The partnership aims to use FuelCell Energy's solid oxide electrolyzer technology and MHB's fabrication expertise for commercial hydrogen production solutions.
- FuelCell Energy has been awarded a contract for a Detailed Feasibility Study for a low-carbon fuel production facility in Malaysia, aligning with the country's goal of achieving net-zero carbon emissions by 2050.
- The project will incorporate KBR's low-carbon fuel synthesis technology, contributing to Malaysia's national hydrogen value chain development.
FuelCell Energy (FCEL) and Malaysia Marine and Heavy Engineering (MHB) have entered into a Joint Development Agreement (JDA) to collaborate on developing large-scale hydrogen production systems in Asia, New Zealand, and Australia. This collaboration, which builds on their previous memorandum of understanding in February 2023, will merge FuelCell Energy's solid oxide electrolyzer (SOEC) technology with MHB's expertise in large-scale fabrication to create modular solutions for commercial hydrogen production. Additionally, FuelCell Energy has secured a contract for a Detailed Feasibility Study (DFS) for a low-carbon fuel production facility in Malaysia. This facility will utilize SOEC technology with carbon dioxide and water as feedstocks. The project will also integrate KBR's proprietary low-carbon fuel synthesis technology. The initiative is in line with Malaysia's target to achieve net-zero carbon emissions by 2050 and aims to advance the nation's hydrogen value chain.