ASX-LISTED Global Energy Ventures has signed a memorandum of understanding with Ballard Power Systems to design and develop a hydrogen fuel cell for GEV’s compressed hydrogen ship.

The ship will have a power requirement of about 26mW based on 2000 tonnes of compressed hydrogen storage capacity.

The ship is to be powered using compressed hydrogen from its storage tanks, which will not create any emissions, according to GEV.

Ballard, headquartered in Canada, specialises in the development of clean energy products, with six hydrogen fuel cell-powered vessel projects underway.

GEV executive director Martin Carolan said the MOU is a significant step in the development of the ship for the marine transport of compressed hydrogen.

“Hydrogen fuel cells [are] now at the forefront of zero-emission technologies for shipping,” he said.

Ballard chief commercial officer Rob Campbell said working with GEV will allow Ballard too advance megawatt-scale hydrogen fuel cell and storage integration on board a large marine vessel.

“Hydrogen and fuel cell technology provide a compelling path for the decarbonisation of the maritime sector,” he said.

In January, GEV signed a memorandum of understanding with Pacific Hydro to look into the production, storage, loading and transportation of hydrogen produced at Pacific Hydro’s proposed hydrogen production facility in northern Western Australia.