FuelCell Energy and Oando Clean Energy Limited (OCEL), the renewable energy subsidiary of Oando Energy Resources (OER), a part of the Oando PLC group of companies, announced the signing of a memorandum of understanding (MOU) to collaborate on the development of a 5 to 15-Megawatt (MW) power plant.
In addition to FuelCell Energy’s fuel cell and electrolyzer technology, the agreement also includes the potential for the use of FuelCell Energy’s carbon capture and sequestration technologies. Unlike other carbon capture technologies that require power to capture carbon dioxide, FuelCell Energy’s platforms can produce power while simultaneously capturing carbon dioxide. The signing of this MOU is an integral part of OCEL’s drive to strengthen electricity access in African markets via low-carbon renewable energy sources starting in its home country, Nigeria.
Photo for illustration of FuelCell Energy
Press release https://shorturl.at/ehTW9
