HD Korea Shipbuilding & Offshore Engineering subsidiary HD Hydrogen invests 72 million euros to acquire a majority stake in Convion Oy, a leading fuel cell technology company from Finland. Ambition of HD Hydrogen is to become a frontrunner in the world’s cleanest energy technologies. By joining forces with the Convion team, HD Hydrogen will develop solid oxide fuel cell and electrolysis technologies, and other key hydrogen energy technologies to compete in the global hydrogen fuel cell market. HD Korea Shipbuilding & Offshore Engineering (HD KSOE) is HD Hyundai’s marine and offshore holding company.
Convion and Elcogen are pleased to announce the successful conclusion of a ground-breaking field test for an industrial scale Solid Oxide Electrolyser system delivering green hydrogen at superior efficiency compared to incumbent technologies.
Q Power, a pioneer in the development of synthetic methane technologies, and Convion, a leading provider of solid oxide electrolyzer and fuel cell technology, have joined forces to develop an efficient concept for biogas plants to maximize the value of their assets. This collaboration harnesses the power of Q Power’s methanation technology and Convion’s hydrogen production and fuel cell technology to address the growing need for biogas upgrading. The jointly developed concept will be modular and fully scalable for biogas production facilities starting from below 1MW. Continue reading “Q Power and Convion Collaborate to Transform Biogas Plants with High-Efficiency Methanation and Hydrogen Technology, for Doubling the Output of Biogas plants”→
Pergine Valsugana (Italy) and Espoo (Finland), September 25th 2023
SolydEra and Convion announced today that they have entered into a global strategic partnership.
The agreement brings together SolydEra’s industry leading solid oxide technology and Convion’s flexible power generation and hydrogen production systems’ technology. The energy sector plays a strategic role in every aspect of business. With a constant electricity demand rising, companies recognize the need to adopt more efficient and greener solutions to ensure competitiveness and proceed rapidly on the critical pathway towards the Net Zero emissions.
“Proven fuel cell power and hydrogen generation technologies are in huge demand. The gas to power generation (SOFC) market is expected to grow fast to 800bn already in 2040 and rapid growth thereafter. The Green hydrogen market is expected to reach 800bn already ten years later.” Martin Füllenbach, SolydEra’s Chairman and CEO explains. “Our partnership brings together market efficient solutions suitable for large commercial and industrial applications, both for gas to power generation (SOFC) and Hydrogen generation (SOE)”, adds Füllenbach.
“We are excited to partner with SolydEra to commercialize our innovative SOC systems together with such a highly recognized company in this field.” comments Erkko Fontell, CEO and co-founder of Convion. “This collaboration aligns perfectly with our technology and partnering strategies and will accelerate growth for both parties. Convion is committed to providing highly efficient and reliable solutions to power generation and hydrogen production markets. Through the partnership with Solydera we look forward to serving our customers with increased delivery capacity and with a unique combination of Convion systems technologies and the SolydEra’s SOC stacks.” explains Mr. Fontell.
ABOUT SolydEra: SolydEra is a key world player in the market of Solid Oxide Cells, Stacks and Solutions, with an annual production capacity of 25MW SOFC (75MW SOE) on its industrial site in Pergine Valsugana, Italy. Its Solid Oxide Technology has a proven track record in the field and delivers best in class performance and durability in both fuel cell and electrolysis mode. The highly efficient solid oxide stacks can be integrated into systems from a few kW to MW sizes. The company has research & development and industrial manufacturing facilities in Italy, Switzerland and Australia. Its headquarters is in Trentino Alto Adige, Italy. The company is currently investing in all three of its business areas (Gas-to-Power, Power-to-gas and Power-to-power) to strengthen the technological base of all its related products with life-time improvement, stack cost reduction and overall growth preparation. Read more: www.solydera.com
ABOUT Convion: Established in 2012, Convion Ltd. is a leading fuel cell system developer commercializing solid oxide fuel cell systems for distributed power generation and hydrogen production in industrial and commercial applications. Our patented technology platform based on solid oxide fuel cells (SOC) products are designed for premium energy efficiency, reliability and operational flexibility. Convion provides its customers with sustainable power generation and hydrogen solutions for power security, energy independence and unparalleled fuel economy. Convion supports sustainable energy transition with high temperature electrochemical solutions. Solid oxide fuel cells at the heart of our power generating products are ideal for distributed power generation. Read more: www.convion.fi.
Shell marks reproduced by permission of Shell Brands International AG.
Convion and Shell Global Solutions International form partnership to develop, validate and commercialise advanced Solid Oxide Electrolysers (SOEC) supplied by Convion. Convion will deliver a 1-MW electrolyser demonstrator to Shell’s Energy Transition Campus in Amsterdam. The demonstrator will be based on four Convion C250e electrolyser modules.
Convion takes an important step ahead by signing a loan agreement with Nefco, the Nordic Green Bank. Nefco’s investment will help to scale up Convion’s technology and the manufacture of electrolysers for the green hydrogen economy. Nefco is a financial institution founded by the Nordic countries and it finances projects in energy efficiency, renewable energy, clean water and sanitation, waste management, and cleaner industrial processes. Convion’s solution helping decarbonization of hard-to-abate industrial sectors, is well aligned with the scope of Nefco’s portfolio and we are happy to work together in bringing green hydrogen into the mainstream, and helping industries to wean from dependence on fossil fuels and feedstocks. The financing agreement with Nefco provides an important boost for Convion in its technology commercialization efforts.
Convion will deliver a biogas fuel cell system to Biometaan OÜ in Estonia. Companies plan to cooperate in Baltic region, where Biometaan is a leading producer of agricultural biomethane and biofertilizers. The first C60 unit will be installed at Siimani farm, where it will generate renewable power and heat from locally produced biogas. A behind-the-meter installation will provide clean, renewable energy for the facility’s own consumption and serve as a pilot installation. The system has nominal electrical output of 60 kilowatts, and over 20 kilowatts of heat. Preparations for the delivery are underway, and the system will be commissioned in operation in H2, 2022.
Convion, a producer of fuel cell systems, is developing electrolysis for hydrogen production with superior properties and efficiency compared with competing technologies. The product is being developed in a separate project in parallel with the E-Fuel project run by Technical Research Centre of Finland (VTT). The project receives funding from Business Finland.
Commercialisation of electrofuels, a class of synthetic transportation fuels produced from green hydrogen and sequestered carbon dioxide, got a boost, when a Finnish consortium partnership of companies joined forces in a VTT coordinated E-fuel research project. The project brings together a group of companies across the entire value chain from sequestration of CO2 to electricity and fuel production, logistics, as well as users of the transport fuels in different segments of transport. The E-fuel research project is connected with the Neste Veturi ecosystem and received EUR 3.3 million in funding from Business Finland. Along with the joint E-Fuel project, Convion and other companies have their parallel but linked projects, augmenting the total effort aiming at e-fuel production in Finland. Altogether, EUR 6 million is invested in the development.
LEMPÄÄLÄ, FINLAND – Lempäälän Energia Oy and leading fuel cell system developer Convion have signed an agreement regarding a delivery of two Convion C50 fuel cell systems to Marjamäki district. The delivery is part of project LEMENE, earmarked by the Finnish government as a key project in helping the country achieve its national energy targets for decarbonisation. Continue reading “New clean energy system to make Finnish business district self-sufficient”→
