- Press Releases
February 5 (Renewables Now) - Canadian fuel-cell products developer Ballard Power Systems Inc (TSE:BLDP) said it has signed a non-binding memorandum of understanding (MoU) with Australia’s Global Energy Ventures Ltd (ASX:GEV) for the development of a fuel cell-powered ship designed to transport green hydrogen.
Global Energy Ventures, or GEV, a specialist in the design and development of integrated compressed shipping solutions, is the brain behind the plan for the vessel, which it named C-H2 Ship, and will finance its creation and operation.
Ballard will be in charge of designing the fuel cell system based on its proprietary FCwave technology. Alongside GEV, the company will then integrate the fuel cell system into the vessel’s design.
The FCwawe system will get its fuel from the compressed green hydrogen stored onboard and transported by the vessel, Ballard said.
Power requirement for a small-scale C-H2 Ship demonstration is expected to be under 10 MW. At full scale, the ship will have a propulsion power requirement of around 26 MW and a containment system for storing 2,000 tonnes of compressed green hydrogen.