Effective 4-12-2021
New Energy Development Company
McDermott's CB&I Storage Solutions and New Energy Complete Engineering for GreenER Hydrogen Generation Facility
HOUSTON, April 12, 2021 /PRNewswire/ -- McDermott International, Ltd and New Energy Development Company LLC today announced the completion of engineering for two transformative 50-megawatt energy projects. Each modular, expandable hydrogen facility will produce nearly 24,000 kilograms per day of renewable hydrogen.
​
"The engineering ingenuity of this design became a reality through the collaboration of many skilled and talented individuals across our two companies," said Cesar Canals, Senior Vice President of CB&I Storage Solutions. "Companies all over the world are looking for tangible solutions to reduce their carbon footprint and this design provides a valuable hydrogen solution to accomplish that goal."
​
Each facility leverages New Energy's proprietary design to power a series of electrolyzers to produce green hydrogen and oxygen. The design also provides the flexibility to incrementally expand production and storage capabilities through modular additions.
​
"Working closely with our strategic partner, CB&I Storage Solutions, we believe New Energy's innovative, flexible design can provide the most cost-effective application of green hydrogen technologies for the natural gas industry," said Alexander "Hap" Ellis, New Energy Managing Partner.
​
The hydrogen design is ideal for grid-scale blending with natural gas pipelines, blending existing or new power generating facilities and energy storage injection into salt caverns and above ground storage tanks. The facility design allows for incremental 15 megawatts of 100 percent hydrogen-fueled power generation to support grid-scale energy storage applications.
​
"As we look toward the future, we strongly believe that hydrogen will have a very prominent role and we will continue to apply our collective expertise to make that future a reality," said Matthew Harwood, McDermott's Senior Vice President of Strategy, Risk and Sustainability.
​
​
​
About New Energy Development Company LLC
New Energy Development Company LLC provides sustainability assessment and prioritization, project development, full EPC wrap and co-investment capital for long term legacy natural gas clients. The company is focused on green hydrogen technology and applications, low carbon LNG facilities and pipeline energy recovery solutions. To learn more, visit www.newenergydev.com.
​
New Energy Contacts
​
Scott M Shields
Partner
New Energy Development Company LLC
+1 832 876 9903
sshields@newenergydev.com
​
Tom Quine
Technology Partner
New Energy Development Company
+1 978 208 1586
tquine@newenergydev.com
​
​
​
New Energy Development Press and Articles
​
​
