Wärtsilä and Global Energy Ventures sign MoU for development of hydrogen vessel propulsion systems

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Technology supplier Wärtsilä and Australian company Global Energy Ventures (GEV) have signed a Memorandum of Understanding (MOU) in Sydney to cooperate on the inclusion of Wärtsilä propulsion systems in GEV’s latest compressed hydrogen (C-H2 ) ships.

The partnership is aiming to advance GEV’s Approval in Principle (AiP) application for the company’s new 430-ton C-H2  vessel, and alongside this the pair will also demonstrate the availability of a low-emission and highly efficient propulsion system for the ship.

“This project is an important stepping-stone along the journey toward a decarbonized maritime industry, something that Wärtsilä is fully committed to supporting,” commented Petteri Saares, sales director at Wärtsilä Marine Power. “We are actively developing propulsion alternatives that can utilize 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.”

Martin Carolan, GEV managing director and CEO, said, “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.”

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After spending the past six years working as a mechanic for various motorsport and high-end performance car companies, Callum recently joined UKi Media & Events as an assistant editor. In this role he will use his vast practical knowledge and passion for automotive to produce informative news pieces for multiple vehicle-related sectors.

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