Flowserve partners with Chart Industries to support hydrogen economy
The partnership will support the development and commercialization of hydrogen as an energy source to build a better, brighter world for everyone.
Flowserve Corporation and Chart Industries, Inc announced today that the companies have entered into an agreement to support the growth of hydrogen as an alternative, cleaner fuel source.
As part of this agreement, Flowserve will acquire in-process R&D related to Chart’s liquid hydrogen fueling pump and will be Chart’s sole manufacturer and supplier of the pump once commercial production has begun. Chart will use these pumps in its liquid hydrogen fuel station equipment for fuel cell vehicles.
This equipment will be incorporated into systems that will be used to fuel hydrogen-powered Fuel Cell Electric Trucks, Cars, Buses, and future hydrogen vehicles.
Currently, more than 100 liquid hydrogen fueling systems are planned to be put into operation over the next five years in locations including California, Australia, and South Korea.
Scott Rowe, Flowserve CEO, said, “We understand that hydrogen represents a significant opportunity in helping the world reduce carbon emissions, and one of the first steps in creating a sustainable hydrogen value chain is to innovate and commercialize hydrogen technologies.”
Jillian Evanko, Chart Industries CEO, said, “By partnering with a global flow control leader like Flowserve, we can accelerate the adoption of hydrogen infrastructure utilizing both teams’ core expertise.”
