Published by Todd Bush on April 4, 2024
MILAN, April 4, 2024 /PRNewswire/ -- MAIRE announces that NEXTCHEM (Sustainable Technology Solutions), through its subsidiary NextChem Tech, and Vallourec, a world leader in premium tubular solutions for the energy markets, agreed to cooperate on the integration of NEXTCHEM's proprietary green ammonia technology with Vallourec's Delphy hydrogen storage technology and its subsequent commercialization.
>> In Other News: EverWind Fuels Announces Completion of FEED for its 1st Phase 240,000 Tonne per Annum Green Hydrogen-to-Green Ammonia Plant
The two partners will study how to combine the Delphy storage solution in the "Power-to-X" and green hydrogen projects where NEXTCHEM is involved as technology provider worldwide. The partnership will focus on the synergies between NEXTCHEM's proprietary green ammonia production technologies and Vallourec's high-capacity hydrogen storage system.
NEXTCHEM's green ammonia technology is able to produce carbon-free ammonia using renewable energy, moving away from traditional fossil fuel-based processes. NEXTCHEM's technology is among the most competitive solutions in terms of CAPEX, provides a complete modularization and utilizes a proven design with additional digital solutions available for training and process monitoring. With several plants in operation, NEXTCHEM's technology has a strong technology reference base.
NEXTCHEM's technology, bundled with Delphy underground storage system, will be able to offer a safe, efficient and economically viable solution to serve the green hydrogen producers and the industrial clients.
Upon completion of the joint feasibility studies, NextChem Tech will act as the exclusive global licensor of the technology package integrating NEXTCHEM's small-scale green ammonia production technology with Vallourec's hydrogen storage system. The commercialization of the technology package will be carried out through one of NEXTCHEM's subsidiaries. This cooperation is part of NEXTCHEM's and Vallourec's commitment to the transition to a low-carbon industry, by reducing energy consumption and offering more environmentally friendly solutions through a circular approach.
Mohammed Nafid, CEO of NextChem Tech, commented: "The integration of the two technologies is an essential building block allowing green ammonia production to better cope with intermittent renewable power. Our technology portfolio in the energy transition and hydrogen segment is adding one more key tool that would significantly strengthen our offer in this space. This partnership between NextChem Tech and Vallourec marks another important step in the roll-out of MAIRE Group's sustainable technologies strategy."
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside this Issue 🔒 Capturepoint Annouces Agreements With Energy Transfer for Carbon Capture and Storage in Louisiana ✈️ Taking Flight with Sustainable Aviation Fuels: A New Era for Cleaner Skies ...
Inside this Issue 🚗 Nikola Expands Hydrogen Network With Inauguration of Second Hyla Refueling Station in Southern California 🌱 Captura Advances to the Top 20 Finalists in XPRIZE Carbon Removal Co...
Inside this Issue ✈️ U.S. Department of the Treasury, IRS Release Guidance to Drive American Innovation, Cut Aviation Sector Emissions 🛫 ESS Technology Takes Off at Schiphol to Decarbonize Air Tra...
Capturepoint Annouces Agreements With Energy Transfer for Carbon Capture and Storage in Louisiana
_Agreements formalize a joint development framework and dedication of CO2 from additional Energy Transfer facilities in Louisiana_ ALLEN, TEXAS, May 8, 2024 – [CapturePoint LLC and affiliate Cap...
Nexergy Holdings PLC and Lorentz Collaborate to Revolutionise Green Hydrogen Production
**The collaboration by Nexergy and Lorentz will realise the commercial production of ‘Green’ Hydrogen for use in multiple industries.** London, UK, May 09, 2024 (GLOBE NEWSWIRE) -- [Nexergy Hold...
_Air Products will Highlight the PRISM_® _GreenSep LNG membrane separator at BIOGAS AMERICAS 2024 in Savannah, Georgia_ LEHIGH VALLEY, Pa., May 10, 2024 /PRNewswire/ -- [Air Products](https://ww...
Energy Vault, ACEN Australia Announce Agreement for 400 MWh of Battery Energy Storage Deployments
_ACEN Australia and Energy Vault to collaborate on battery energy storage system (BESS) deployments, with 200 MW/400 MWh system, at ACEN Australia’s 720 MW New England Solar_ _The 50 MW/100 MWh ...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.