A memorandum of understanding was signed by Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE) and FuelCell Energy to work together on the construction of substantial electrolyzer facilities in Asia, New Zealand, and Australia.
These facilities are being developed to significantly improve production efficiency and lower costs for green hydrogen. Together, the businesses hope to provide electrolyzer machinery that will make large-scale clean hydrogen generation a practical and accessible energy source.
The collaboration’s main goals are to tackle the capital cost of the production plant and the cost of input electricity, which are the two biggest obstacles to producing green hydrogen. FuelCell Energy’s solid oxide technique uses less energy since it is more efficient at creating hydrogen than low-temperature electrolysis, which has lower efficiency. On the other hand, it is anticipated that MHB’s capacity for modularization and large-scale construction will lower the overall capital cost for large-scale electrolyzer projects. From each production facility, the combined solution is anticipated to produce enough carbon-free hydrogen to power hundreds of thousands of homes.
“Recently, we announced that our solid oxide electrolyzer platform, the outcome of 20 years of research and development and testing, is now accepting orders. As we become ready to provide green hydrogen production for energy at a very big scale and reduced cost, this partnership with MHB is the next important step, according to Mark Feasel, Chief Commercial Officer of FuelCell Energy. “We are enthusiastic about this partnership and look forward to cooperating to assist the world to become carbon neutral.”
“MHB is committed to stepping up our efforts to provide our clients with cleaner alternatives. We acknowledge that, in addition to our involvement in carbon capture and storage, hydrogen also increasingly contributes to the energy transition and decarbonization process. In order to speed up the production of hydrogen-fueled clean energy, MHB is delighted to work with FuelCell Energy as a go-to-market partner. This MoU is a part of MHB’s conscious effort to work with technology partners to develop a sustainable portfolio that supports the transition to a low-carbon future, according to Pandai Othman, Managing Director & Chief Executive Officer, MHB. We are hopeful that both businesses would support national and international industries in their efforts to meet net-zero emission ambitions.