FuelCell Energy Inc (NASDAQ:FCEL) entered into a Memorandum of Understanding (MOU) with Chart Industries Inc (NYSE:GTLS) to develop decarbonization and Hydrogen technologies.

• The companies will use their respective expertise to deliver efficient carbon dioxide (CO2) capture for use or sequestration, as well as generation and storage of gaseous or liquified hydrogen. 
• FuelCell Energy possesses expertise in manufacturing two high-temperature electrochemical fuel cell energy platforms for decarbonizing power and producing hydrogen and Chart Industries can produce equipment for CO₂ and hydrogen compression and liquefaction.
• “We believe the combination of Chart and FuelCell Energy technology will holistically address customer needs for hydrogen and CO₂ liquefaction, compression, storage, beverage-grade CO₂, and transport," said FuelCell CEO Jason Few.
• "For example, in the food and beverage industry where access to beverage-grade CO₂ is critical for operations but often in short supply, we believe our combined strengths will help the sector with consistent pricing, availability and quality.”