Amogy CEO Seonghoon Woo calls contract with Ballard “a significant and valuable step”
Brooklyn, N.Y. based mostly ammonia-to-power innovator Amogy Inc. has signed of a contract to buy gasoline cell methods from Ballard Power Systems (NASDAQ: BLDP)
Ballard’s FCwave engine is a scalable gasoline cell system licensed for operation in marine environments. Amogy’s proprietary ammonia-to-power platform makes use of a novel ammonia cracking know-how to provide hydrogen onboard for gasoline in a hydrogen engine. As we reported beforehand, the Amogy staff is at the moment scaling the know-how to be used in maritime vessels, with plans for a tank barge and tugboat operations.
Under the just-signed contract, Amogy will buy an preliminary order of three, 200 kW FCwave engines and Ballard will assist their integration with Amogy’s proprietary system. Ballard will ship the preliminary FCwave engines in 2023 for maritime deployment. A follow-on order for a further seven FCwave engines is anticipated upon profitable completion of the preliminary initiatives.
“This contract and collaboration opportunity with Ballard is a significant and valuable step as Amogy expands its efforts in the maritime sector,” stated Amogy CEO Seonghoon Woo. “With access to their leading fuel cell technology and team of experts, together we can expedite commercialization of scalable, ammonia-to-power solutions for the maritime industry and support global sustainability goals.”
“We are excited for the opportunity to work with Amogy and bring our clean and innovative technologies together. We believe Amogy’s onboard capabilities to convert ammonia to gaseous hydrogen combined with our fuel cell engines will be a major milestone to achieve decarbonization in the marine sector,” stated Søren Østergaard Hansen, General Manager, Marine and Stationary, Ballard Power Systems Europe A/S.
