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Green Energy Park and Baker Hughes sign MoU to cooperate in developing a green hydrogen value chain

Green Energy Park, a vertically integrated renewable energy company, signed a Memorandum of Understanding (MoU) with Baker Hughes, a global leading industrial energy technology company.

The agreement aims to set out the principles of the envisaged collaboration between the two companies in multiple areas of the green hydrogen value chain, including, production, storage, transportation and utilisation of green hydrogen and ammonia-based fuels at Green Energy Park facilities, port terminals and customer sites around the world.

“For building one of the biggest hydrogen projects in the world, Green Energy Park needs strong collaborations with world-class technology companies like Baker Hughes. We are delighted to announce this strategic MoU and we are looking forward to work closely together with their highly competent and committed team,” said Bart Biebuyck, CEO of the Green Energy Park.

The agreement also foresees possible exploration of co-development of related technologies and projects at the giga-watt scale.

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