FLORENCE, Italy, Jan. 29, 2024 (GLOBE NEWSWIRE) — Baker Hughes (NASDAQ: BKR), a power generation company, on Monday announced several steps toward expanding the hydrogen economy, as part of the company’s broader strategy in new energy. Milestones were announced at Baker Hughes’ 24th Annual Meeting held in Florence, Italy, and included advancements in the company’s hydrogen enabling technologies, as well as advancements in the execution of several visiting hydrogen projects and new collaborations in the sector.
The milestones include:
“Baker Hughes’ complex generation and expertise are key elements of our collaboration as Air Products continues to execute some of the world’s largest low- and zero-carbon blank hydrogen megaprojects,” said Dr. Samir J. Serhan, Chief Operating Officer of Air Products. We are making tangible progress with a common goal: to advance the energy transition and net-zero emissions targets. “
“These breakthroughs in low-carbon and carbon-free energy illustrate how the urgency of the energy transition has transformed visitor relationships into comprehensive partnerships for innovation across projects,” said Lorenzo Simonelli, president and chief executive officer of Baker Hughes. “There is no path to the 0-emissions grid without innovation and collaboration, and our work with our consumers and partners, adding Air Products, demonstrates the validity of the hydrogen economy and our strategy of making an investment and finding cutting-edge answers to cover the entire hydrogen price chain. “
About Baker Hughes
Baker Hughes (NASDAQ: BKR) is a power generation company serving energy and commercial consumers around the world. Leveraging a century of experience and operations in more than 120 countries, our cutting-edge technologies and advanced energy, making it safer. , cleaner and more effective for people and the planet. Visit us at bakerhughes. com.
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