Shell China and Shanghai Electric have agreed to collaborate on green hydrogen development.
The agreement gives the companies permission to explore carbon capture and storage facilities in order to reduce emissions from traditional grey hydrogen generation.
Both firms will collaborate to bring significant green hydrogen and CCS initiatives to completion by leveraging their respective strengths in technology, resources, personnel, and marketing.
Shanghai Electric, which wants to run 3000 hydrogen fuel cell trucks in the Yangtze River Delta region of China’s east by 2025, is eager to tap Shell’s expertise in managing and maintaining hydrogen-powered vehicles and hydrogen refueling stations.