Crowley and Chevron invest in fuel cell company

The new funds are expected to enable ZEI to roll out its zero emission, turn-key PEM fuel cell power and hydrogen storage systems and scale quickly to meet demand within the maritime industry.

The system can scale from single 250kW power output to stacked multi-megawatt systems on a single vessel. Modules can be distributed across the vessel removing the need for an engine room and allowing for unique and fully redesigned vessel layouts.

The investments from Chevron and Crowley create an integrated value chain from hydrogen production to power systems to vessels. ZEI says the collaboration will drive value for end users and partners alike through simplified and cost effective fuelling and power solutions made specifically for maritime.

“We believe hydrogen is the best path to energy security and decarbonization of the maritime industry. Chevron and Crowley bring a wealth of global experience and an ability to scale deployment across the marine market. We’re excited to leverage this partnership with our industry-leading technology to achieve exponential growth of the marine hydrogen market,” said ZEI CEO Dr. Joseph Pratt.

“Our intelligent, connected, reliable power systems are the only ones on the market built from the ground-up specifically to meet the rigorous demands of the marine community. Designed to be as easy to install and operate as a marine diesel engine, we are working to build solutions that truly enable the maritime industry to decarbonize without negatively impacting their operations,” said ZEI Executive VP John Motlow.