Samsung E&A and Nel ASA Introduce CompassH2: Next-Generation Green Hydrogen Solution
Key Ideas
  • Samsung E&A collaborates with Nel ASA to launch CompassH2, a cutting-edge green hydrogen production plant solution.
  • The solution integrates Samsung's engineering expertise with Nel's water electrolysis technology for high efficiency and cost reduction.
  • CompassH2 aims to enhance overall efficiency and scalability of green hydrogen production, aligning with global energy transition strategies.
  • Green hydrogen produced by CompassH2 is crucial for achieving net-zero targets, especially in hard-to-abate sectors.
Samsung E&A in South Korea has announced the upcoming launch of CompassH2, a next-generation green hydrogen production plant solution developed in partnership with Nel ASA from Norway. The collaboration combines Samsung's engineering capabilities with Nel's water electrolysis technology to create a high-efficiency system. CompassH2, to be unveiled at the World Hydrogen Summit in Rotterdam, aims to reduce hydrogen production costs and minimize capital expenditure while offering an integrated end-to-end solution. This innovation is crucial as countries worldwide invest in clean hydrogen technologies for their energy transition strategies. Green hydrogen, facilitated by CompassH2's renewable energy-powered electrolysis, is pivotal for achieving net-zero goals, especially in challenging sectors. Samsung's move signifies a step forward for South Korea, known for its hydrogen technologies, into electrolysis technology, aligning with global advancements in green hydrogen production.
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