PowerCell Sweden and Statkraft sign MoU on hydrogen and fuel cell solutions
Swedish hydrogen fuel cell technology developers PowerCell Sweden AB has recently announced that it has signed a Memorandum of Understanding (MoU) with the Norwegian energy company Statkraft AS regarding cooperation within energy solutions based on hydrogen and fuel cells.
Statkraft is Europe’s largest producer of renewable energy and is involved in business development activities within renewable hydrogen. In this context, the parties have agreed to jointly examine the possibilities to use hydrogen and fuel cells to locally produce power and heat.
The parties intend to examine the opportunities for stationary power generation for harbours, data centers, and for isolated areas such as islands, but also for mobile power solutions, peak shaving, and smart grid possibilities connected to renewable energy sources such as wind and solar power.