Technip Energies and John Cockerill announced the formal creation of Rely. Technip Energies and John Cockerill acknowledge the need to accelerate technology development to support net-zero ambitions. The creation of Rely responds to this urgent need to scale up green H₂ and Power-to-X solutions to decarbonize hard-to-abate industries.

Rely offers end-to-end large-scale solutions, from pre-final investment decision services including technical and financial advisory through to proprietary technologies, project execution, and operation and maintenance. Rely also fuses a commitment to a standardized approach, developing a unique portfolio of solutions for project of 100-MW capacity and above, leveraging the technology and engineering expertise of its parent companies.

With a unique offering integrating all electrolyzer solutions, Rely will bridge green electrons to molecules and help customers reach their decarbonization goals. Headquartered in Brussels, Belgium, Rely is an asset light joint-venture, 60%-owned by Technip Energies and 40%-owned by John Cockerill, harnessing the expertise of more than 200 H₂ specialists working across the globe.

Arnaud Pieton, CEO of Technip Energies said, “Rely was born out of our commitment to make green H₂ and Power-to-X a feasible low-carbon alternative for industrial-scale applications. We created Rely after carefully listening to our customers' needs and forming strong convictions about the way to break the industrial and cost barriers associated with largescale green H₂. Partnering with John Cockerill will help us bring green H₂ Power-to-X to life. Moreover, we're determined to develop a portfolio of technologies that will drive down costs over the long haul. This is just the beginning of the story.”

François Michel, CEO of John Cockerill said, “To John Cockerill, Rely constitutes a new way of approaching the green H₂ market, perfectly completing the alkaline electrolyzer offering of John Cockerill Hydrogen which will be the world leader OEM in the field. Rely will also enable us to further develop all the technologies included in a green H₂ production facility.”

Damien Eyriès, CEO of Rely said, “Rely exists to bridge the green electron—molecule gap. We are dedicated to building solutions making green H₂ and Power-to-X production at scale, accessible, certain, safe and affordable. Specifically, we are targeting an important reduction in levelized cost of H₂ (LCOH). Rely enters the market at the right moment and we are looking forward to presenting our integrated solutions in detail soon.”