Global Energy Ventures accelerates development of green hydrogen ship

Global Energy Ventures has raised $6.3m to accelerate development of its compressed green hydrogen ship that will transport the zero-carbon fuel of the future.

A first-of-its-kind for the marine transport of large-scale volumes of hydrogen, C-H2 Ship will have a storage capacity of up to 2,000 tonnes of compressed green hydrogen.

“The company is now comfortably funded to continue with business development opportunities for CNG Optimum and to support an accelerated development programme for the new C-H2 supply chain and ship for the hydrogen economy which continues to receive global interest in the application of compression for both onshore and offshore loading and export applications for hydrogen,” said Maurice Brand, Global Energy Ventures Executive Chairman.

Ballard Power Systems announced in February it will design the fuel cell system for the C-H2 Ship, based on its FCwaveTM technology, and will assist GEV with integration of the fuel cell system into the vessel’s design.

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