FuelCell, Oando sign MOU for green hydrogen, low-carbon energy production

FuelCell Energy and Oando Clean Energy announce the signing of a memorandum of understanding to collaborate on the development of a 5 to 15-Megawatt power plant. In addition to FuelCell Energy’s fuel cell and electrolyzer technology, the agreement also includes the potential for the use of FuelCell Energy’s carbon capture and sequestration technologies. Unlike other carbon capture technologies that require power to capture carbon dioxide, FuelCell Energy’s platforms can produce power while simultaneously capturing carbon dioxide. The signing of this MOU is an integral part of OCEL’s drive to strengthen electricity access in African markets via low-carbon renewable energy sources starting in its home country, Nigeria.