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Chart Industries secures major hydrogen order

EditorNatashya Angelica
Published 19/03/2024, 07:34 am
© Reuters.
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ATLANTA - Chart Industries , Inc. (NYSE: NYSE:GTLS), a prominent player in clean energy and industrial gas solutions, has secured a significant order from Element Resources Inc for a renewable green hydrogen production facility in Lancaster, California.

The Lancaster Clean Energy Center (LCEC) is set to become one of the largest projects of its kind in the state, with plans to produce over 20,000 tons of green hydrogen annually in its initial phase.

Scheduled to commence commercial operations in 2026, the LCEC will operate off-grid, powered by dedicated photovoltaic solar energy. This facility will employ Chart's technology for hydrogen liquefaction, including the company's refrigeration technology, cold box design, and associated rotating equipment.

The order encompasses the supply of the hydrogen liquefaction system, liquid hydrogen storage tanks, trailer loadout bays, transports, and ISO Containers, as well as hydrogen compression for storage, distribution, and heavy-duty fueling.

Steve Meheen, CEO of Element Resources, expressed satisfaction in reaching an agreement with Chart Industries, citing the simplification of procurement, construction, and operation of the plant due to Chart's comprehensive in-house design, engineering, and building capabilities.

Jill Evanko, Chart's CEO and President, reciprocated the sentiment, highlighting Chart's complete suite of hydrogen offerings and its role in advancing the energy transition.

While this announcement is a forward-looking statement and subject to the usual risks and uncertainties of such projections, it is indicative of the growing demand for clean mobility fuels and clean energy for manufacturing. Chart Industries' position in the market is reinforced by its global presence, with 64 manufacturing locations and over 50 service centers worldwide.

Element Resources, based in Houston, Texas, with a supporting office in San Diego, focuses on the development of 100% green hydrogen. The company is investing in hydrogen-related technologies and holds patents for underground hydrogen storage and advanced electrolyzer catalysts.

The information for this article is based on a press release statement.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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