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FuelCell Energy (FCEL) and Chart Industries (GTLS) signed a Memorandum of Understanding to develop opportunities to combine the companies' complementary strengths in delivering reliable and efficient carbon dioxide capture for use or sequestration, as well as generation and storage of gaseous or liquified hydrogen. FuelCell Energy brings its expertise in manufacturing two high-temperature electrochemical fuel cell energy platforms for decarbonizing power and producing hydrogen, while Chart is a leading global manufacturer of highly engineered equipment in the Nexus of Clean, which includes CO2 and hydrogen compression and liquefaction, and equipment for the entire supply chains of both molecules.

Koch Engineered Solutions has signed a Memorandum of Understanding with Chart Industries, positioning both companies to provide full carbon capture solutions to key customers and industries. The agreement will enable both companies to collaborate in the development and implementation of Chart's Cryogenic Carbon Capture technologies, identifying sites where Chart's Sustainable Energy Solutions CCC technology can be deployed and developed. KES' capabilities include those of Koch-Glitsch, Koch Specialty Plant Services and Optimized Process Designs.

Cheniere Energy announced that Cheniere's subsidiary, Cheniere Marketing International has entered into a long-term liquefied natural gas sale and purchase agreemen with Korea Southern Power.Under the SPA, KOSPO has agreed to purchase approximately 0.4M tons per annum of LNG from Cheniere Marketing on a delivered ex-ship basis from 2027 through 2046, with a smaller annual quantity to be delivered starting in 2024. The purchase price for LNG to be delivered under the SPA prior to 2027 will be a market-based price, after which the purchase price will be indexed to the Henry Hub price, plus a fee. The volumes associated with the SPA from 2028 through 2046 are subject to a positive final investment decision with respect to the first train of the Sabine Pass Liquefaction Expansion Project . "We are pleased to enter into this long-term LNG contract with KOSPO, the leading power generation company in Korea, in support of KOSPO's growing natural-gas fired power generation capacity," said Jack Fusco, Cheniere's President and Chief Executive Officer. "This SPA is expected to support the SPL Expansion Project, and we are excited to build commercial momentum as the project's development progresses. This SPA further highlights Cheniere's leadership in providing flexible, cleaner burning energy supply to meet both the energy security needs and environmental goals of our customers in both the short and long term."

Chart Industries (GTLS) and Crane Company (CR) have successfully tested a new cryogenic valve designed and built by Crane for liquid hydrogen applications. This is the first valve launched from Crane's CRYOFLO line of bellow seal vacuum jacketed globe valves, designed and tested by Crane, with final validation, review, and testing conducted by Chart. Final testing was conducted at Chart's one-of-a-kind liquid hydrogen test facility in New Prague, MN, USA, leveraging Chart's 60 years of experience with hydrogen equipment and the facility's availability of the extremely cold cryogenic liquid for testing. The testing confirms that Crane's CRYOFLO liquid hydrogen valve design can operate safely and reliably at extremely low temperatures, while supporting best-in-class high-flow rates at low-pressure drop as designed. Notably, CRYOFLO is the first valve Chart has successfully completed a liquid hydrogen endurance test in a high-cycle application. Testing included installing Crane's valve in a validation system provided by Chart that flowed liquid hydrogen through the valve at varying operating temperatures and pressures. The valve successfully endured well over 5,000 open/close cycles at a pressure of 150 psig/10 bar, and it required no adjustments or maintenance during the test.