Hanwha Ocean (KRX:042660) and Hanwha Power Systems signed a joint development and collaboration agreement with Baker Hughes to create environment-friendly ammonia gas turbines for carbon-free ship operations, Hanwha said last week.
The project will combine Baker Hughes' turbine technology with an ammonia combustion system from PSM, Hanwha's US subsidiary.
The turbine will support 100% ammonia combustion and dual-fuel operation with natural gas, according to the release.
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