Stargate Hydrogen, a developer of electrolysis technology, has signed a cooperation agreement with Rockfin, an engineering company focusing on the oil and gas sector.
Stargate Hydrogen has signed a letter of intent (LoI) with Rockfin and secured the first order that marks the commencement of a long-term collaboration between the two companies.
Stargate Hydrogen specialises in the manufacture of innovative, next-generation electrolyser systems for green hydrogen production. Rockfin has begun to develop solutions for hydrogen production and has chosen Stargate Hydrogen as a sole supplier of electrolyser stacks for this activity.
Stargate Hydrogen has already received the first purchase order (PO) from Rockfin and the respective stack will be delivered in early 2023. Rockfin intends to purchase more than 100 MW of electrolyser stacks from Stargate in the period of 2025 to 2030. The role of green hydrogen in the oil and gas sector is growing rapidly as green hydrogen is starting to become cost competitive with grey hydrogen.
Marko Virkebau, the CEO of Stargate comments on the launch of the collaboration: “Supplying electrolyser stacks to Rockfin allows us to scale up our manufacturing faster and establish a strong footprint in the oil and gas sector where Rockfin has long operating history and excellent references.”
Michał Wróblewski, CEO & Chairman of the Board Rockfin sp. z o.o., says, “Rockfin actively supports the energy transition and the cooperation with Stargate will certainly contribute to strengthening our companies shared market position as an integrator of H2 technology.”