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PowerCell signs $16 MM order for fuel cell systems with leading Italian marine OEM manufacturer

PowerCell Group has signed one of the world’s largest orders of marine fuel cell systems to date with a leading Italian marine OEM manufacturer. The order value is approximately $16 MM, and the deliveries will begin in the middle of 2025 and be completed by the end of the year.

The order is in three parts and consists of 56 units of the Marine System 225 in total where the majority will be installed on commercial cruise ships. The fuel cell systems will provide auxiliary power to a ship’s internal electricity systems, totaling more than 6.3 MW. In addition, a 3.2-MW marine power solution is being built for the internal testbed and a 3.2-MW solution for an additional vessel installation.

This order represents a significant milestone in the decarbonization of the marine industry and the installation on the ship is one of the world’s largest marine H2 fuel cell systems to date.

Richard Berkling, CEO of PowerCell Group said, “We are very proud of being trusted by this important Italian customer, a company with a lot of experience in containerized marine power solutions. We deliver a fuel cell solution that is not only climate-friendly, but also provides the advantage of reduced noise from the ship. This order confirms the importance of H2-electric solutions for the marine industry.”

Richard Berkling said, “It also marks a transition towards a more commercial and OEM driven market, a direction that we have been striving for. With significant deliveries to several marine projects this year, this new order reaffirms our position as a leading supplier of H2-electric solutions to this segment.”