Skip to main content

Market Overview

Linde to Supply World's First Hydrogen-Powered Ferry

Share:

GUILDFORD, UK / ACCESSWIRE / March 8, 2021 / Linde (NYSE:LIN, FWB:LIN)) today announced it has been selected by Norwegian ferry operator Norled to supply liquid hydrogen and related infrastructure to the world's first operational hydrogen-powered ferry, which will transport both cars and passengers.

Linde will provide a full-service solution to the MF Hydra ferry in Norway. Liquid hydrogen will be supplied from Linde's new 24MW electrolyzer at the Leuna Chemical Complex in Germany, which will use PEM (Proton Exchange Membrane) technology to produce green hydrogen. Linde will also build and install onshore and onboard hydrogen storage, distribution and safety equipment. Supply of hydrogen is scheduled to commence in 2022, at which point the fuel cell-powered ferry will reduce its annual carbon emissions by up to 95%.

"Hydrogen is a powerful energy carrier with proven potential for reducing carbon emissions when used in mobility," said Armando Botello, President Europe North, Linde. "We are proud to be working with Norled and, together, take the lead in developing the marine sector's transition to climate-friendly fuels."

"We believe that hydrogen will play a significant role in the future of zero-emission ships," said Heidi Wolden, CEO of Norled.

Linde is a global leader in the production, processing, storage and distribution of hydrogen. It has the largest liquid hydrogen capacity and distribution system in the world. The company also operates the world's first high-purity hydrogen storage cavern, coupled with an unrivaled pipeline network of approximately 1,000 kilometers to reliably supply its customers. Linde is at the forefront in the transition to clean hydrogen and has installed close to 200 hydrogen fueling stations and 80 hydrogen electrolysis plants worldwide. The company offers the latest electrolysis technology through its joint venture ITM Linde Electrolysis GmbH.

About Linde
Linde is a leading global industrial gases and engineering company with 2020 sales of $27 billion (€24 billion). We live our mission of making our world more productive every day by providing high-quality solutions, technologies and services which are making our customers more successful and helping to sustain and protect our planet.

The company serves a variety of end markets including chemicals & refining, food & beverage, electronics, healthcare, manufacturing and primary metals. Linde's industrial gases are used in countless applications, from life-saving oxygen for hospitals to high-purity & specialty gases for electronics manufacturing, hydrogen for clean fuels and much more. Linde also delivers state-of-the-art gas processing solutions to support customer expansion, efficiency improvements and emissions reductions.

For more information about the company and its products and services, please visit www.linde.com

Contacts:
Investor Relations
Juan Pelaez
Phone: +1 203 837 2213
Email: juan.pelaez@linde.com
Media Relations
Anna Davies
Phone: +44 1483 244705
Email: anna.davies@linde.com

SOURCE: Linde plc

View source version on accesswire.com:
https://www.accesswire.com/634017/Linde-to-Supply-Worlds-First-Hydrogen-Powered-Ferry

View Comments and Join the Discussion!
 
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com