PowerCell signs fuel cell system contract with European shipyard

Source: press release, 1 April 2020

High efficiency power generation with water as the only emission, a fuel cell converts chemical energy directly into electrical energy
High efficiency power generation with water as the only emission, a fuel cell converts chemical energy directly into electrical energy (photo: PowerCell)

PowerCell Sweden AB has signed a contract with a European shipyard regarding the development and delivery of a megawatt marine fuel cell system. The system will be developed and delivered over 3 years and the total value of the contract for the period amounts to SEK 77 million (EUR 6.9 million).

The contract comprises the development and delivery of a marine fuel cell system with a total power of approximately 3 MW and covers both development and delivery.

The International Maritime Organization, IMO, has adopted mandatory measures to halve the emissions of greenhouse gases from commercial ships by 2050. Considering the long lifespan of ships, zero emission vessels may have to set sail as early as 2030 to meet the IMO goal.