Linde to Supply World's First Hydrogen-Powered Ferry

Rhea-AI Summary

Linde (NYSE:LIN) has been selected by Norwegian ferry operator Norled to supply liquid hydrogen and infrastructure for the world's first operational hydrogen-powered ferry, MF Hydra. This partnership will see Linde provide a full-service hydrogen solution, including onshore and onboard storage and safety equipment. Hydrogen supply will begin in 2022, aiming to cut the ferry's carbon emissions by up to 95%. Linde's electrolyzer at the Leuna Chemical Complex will produce green hydrogen, showcasing the company's leadership in the transition to clean energy solutions.

Positive

• Linde's partnership with Norled positions it as a pioneer in the marine sector's shift to hydrogen fuel.
• The MF Hydra ferry is expected to reduce annual carbon emissions by up to 95%, enhancing Linde's sustainability profile.
• Linde's new electrolyzer facility will contribute to the production of green hydrogen, supporting future growth in hydrogen solutions.

Negative

• None.

GUILDFORD, UK / ACCESSWIRE / March 8, 2021 / Linde (NYSE:LIN; FWB:LIN) today announced it has been selected by Norwegian ferry operator Norled to supply liquid hydrogen and related infrastructure to the world's first operational hydrogen-powered ferry, which will transport both cars and passengers.

Linde will provide a full-service solution to the MF Hydra ferry in Norway. Liquid hydrogen will be supplied from Linde's new 24MW electrolyzer at the Leuna Chemical Complex in Germany, which will use PEM (Proton Exchange Membrane) technology to produce green hydrogen. Linde will also build and install onshore and onboard hydrogen storage, distribution and safety equipment. Supply of hydrogen is scheduled to commence in 2022, at which point the fuel cell-powered ferry will reduce its annual carbon emissions by up to 95%.

"Hydrogen is a powerful energy carrier with proven potential for reducing carbon emissions when used in mobility," said Armando Botello, President Europe North, Linde. "We are proud to be working with Norled and, together, take the lead in developing the marine sector's transition to climate-friendly fuels."

"We believe that hydrogen will play a significant role in the future of zero-emission ships," said Heidi Wolden, CEO of Norled.

Linde is a global leader in the production, processing, storage and distribution of hydrogen. It has the largest liquid hydrogen capacity and distribution system in the world. The company also operates the world's first high-purity hydrogen storage cavern, coupled with an unrivaled pipeline network of approximately 1,000 kilometers to reliably supply its customers. Linde is at the forefront in the transition to clean hydrogen and has installed close to 200 hydrogen fueling stations and 80 hydrogen electrolysis plants worldwide. The company offers the latest electrolysis technology through its joint venture ITM Linde Electrolysis GmbH.

About Linde
Linde is a leading global industrial gases and engineering company with 2020 sales of $27 billion (€24 billion). We live our mission of making our world more productive every day by providing high-quality solutions, technologies and services which are making our customers more successful and helping to sustain and protect our planet.

The company serves a variety of end markets including chemicals & refining, food & beverage, electronics, healthcare, manufacturing and primary metals. Linde's industrial gases are used in countless applications, from life-saving oxygen for hospitals to high-purity & specialty gases for electronics manufacturing, hydrogen for clean fuels and much more. Linde also delivers state-of-the-art gas processing solutions to support customer expansion, efficiency improvements and emissions reductions.

For more information about the company and its products and services, please visit www.linde.com

Contacts:
Investor Relations Juan Pelaez Phone: +1 203 837 2213 Email: juan.pelaez@linde.com	Media Relations Anna Davies Phone: +44 1483 244705 Email: anna.davies@linde.com

SOURCE: Linde plc

View source version on accesswire.com:
https://www.accesswire.com/634017/Linde-to-Supply-Worlds-First-Hydrogen-Powered-Ferry

FAQ

What is Linde's role in the hydrogen-powered ferry project?

Linde will supply liquid hydrogen and infrastructure for the MF Hydra, the world's first operational hydrogen-powered ferry.

When will hydrogen supply for the MF Hydra ferry begin?

Hydrogen supply for the ferry is scheduled to commence in 2022.

How much will carbon emissions be reduced by using the hydrogen-powered ferry?

The hydrogen-powered ferry is expected to reduce its annual carbon emissions by up to 95%.

Where will the hydrogen for the ferry be produced?

The hydrogen will be produced at Linde's new 24MW electrolyzer at the Leuna Chemical Complex in Germany.

What technology will Linde use to produce hydrogen?

Linde will use Proton Exchange Membrane (PEM) technology for hydrogen production.