By Kim Richters

 

ABB Ltd. said Thursday that it has signed a Memorandum of Understanding with Hydrogen Optimized to research large-scale green hydrogen production.

The Swiss engineering company and the hydrogen-technology company agreed to explore green hydrogen systems that would be connected to the electrical grid "to offer a clean, sustainable and affordable energy source" for industry customers.

The agreement includes a potential demonstration system and the preparation of the design for a 100-megawatt plant as well as commercialization strategies, ABB said.

 

Write to Kim Richters at kim.richters@wsj.com

 

(END) Dow Jones Newswires

September 10, 2020 10:00 ET (14:00 GMT)

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