Shell (SHEL) and Ceres to Scale Up Green Hydrogen Production
SHELShell Global(SHEL) ZACKS·2024-06-11 22:51

Shell plc (SHEL) , the British oil and gas major, has struck a deal with the Ceres Power Holdings plc, a leading firm in the clean energy space, for the development of a solid oxide electrolyser (SOEC) module suitable for large-scale industrial applications, including synthetic fuels, ammonia and green steel. The new contract marks the beginning of the second phase of an ongoing collaboration between Ceres and Shell that started in 2022.Previously, the partnership had successfully deployed a 1 MW SOEC syste ...