By Dominic Chopping

STOCKHOLM--Echandia, a Swedish developer of energy solutions for maritime electrification, said Wednesday that it has entered a strategic cooperation deal with Toshiba Energy Systems & Solutions Corporation to explore the development of fuel-cell technology combined with batteries.

The two companies will explore technical collaboration to develop a pure hydrogen fuel cell system for marine applications suitable for long time continuous operation.

The deal will see the companies consider incorporating the next-generation pure hydrogen fuel cell currently under development by Toshiba ESS into the electric propulsion systems for ships being developed by Echandia, with the joint aim of commercializing a longer-life pure hydrogen fuel cell system by around 2024.

"By integrating these next-generation pure hydrogen fuel cells, the systems for ships currently under development are expected to last approximately 200% longer," Toshiba ESS said in a statement.

"In addition, the two companies will explore future collaboration to expand the market for zero-emission vessels in Europe."

Write to Dominic Chopping at dominic.chopping@wsj.com

(END) Dow Jones Newswires

June 22, 2022 04:30 ET (08:30 GMT)

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