NextChem and Siemens to cooperate on maritime methanol fuel cells
NextChem and Siemens Energy have signed a memorandum of understanding to cooperate on the development and commercialisation of a high temperature methanol fuel cell, based on a newly designed modularised solution. With an initial focus on the high-end yachting segment, the target market for the cooperation is the maritime industry and beyond. According to the MoU, NextChem will focus on the design and supply of the methanol fuel cell module, while Siemens Energy will leverage its expertise in onboard system integration, complete electrification and energy management with the aim of delivering a complete solution to shipyards and owners.
