Australia-based Global Energy Ventures has entered into a Memorandum of Understanding (MOU) with Wärtsilä Australia (Wärtsilä) to develop the C-H2 Ship propulsion system.
Under the terms of the MoU, GEV and Wärtsilä will review the various low emission propulsion solutions, including use of alternate fuels, for application in GEV’s proposed and proprietary hydrogen marine transportation vessels (C-H2 Ship).
The companies will also cooperate on the potential inclusion of Wärtsilä’s propulsion systems in GEV’s C-H2 Ships, with the near-term objectives being:
- To advance GEV’s Approval in Principle application with the American Bureau of Shipping for the 430 tonne C-H2 Ship and
- To demonstrate the availability and outlook for highly efficient and low emission propulsion systems for C-H2 Ships, including the integration of fuel cell applications to be provided by Ballard Power Systems.
Martin Carolan, GEV Managing Director and CEO commented, “We look forward to working closely with Wärtsilä on this project. We have shown that C-H2 shipping is ideally suited for exporting green hydrogen with a lower delivered cost and having a technology leader such as Wärtsilä with us, we can deliver a shipping solution that is completely sustainable.”
Petteri Saares, Wärtsilä Sales Director commented, ““This project is an important stepping stone along the journey towards a decarbonised maritime industry, something that Wärtsilä is fully committed to supporting. We are actively developing propulsion alternatives that can utilise future carbon-neutral fuels, raise efficiency levels, and which significantly improve environmental performance. This agreement with GEV is fully in line with our own ambitions. Wärtsilä Marine Power leads the industry in its journey towards a decarbonised and sustainable future. Our portfolio of engines, propulsion systems, hybrid technology, and integrated powertrain systems deliver the reliability, safety, and environmental performance that Wärtsilä’s Smart Marine vision encompasses. We offer our customers performance-based agreements, lifecycle solutions, and an unrivalled global network of maritime expertise.