Linde and Italian gas group Snam will jointly develop clean hydrogen projects and related infrastructure in Europe as part of a new deal announced today.
The two companies will work together to promote key technologies along the hydrogen value chain and develop opportunities for joint investments in commercial projects in the areas of production, distribution, compression and storage.
“Hydrogen is expected to play a significant role in achieving the European Green Deal goals,” said Steve Angel, CEO of Linde.
“We are pleased to collaborate with Snam, a recognised leader at the forefront of the energy transition, in the development of the clean hydrogen economy in Europe.”
Marco Alverà, CEO of Snam, commented, “With this agreement, we combine the know-how and innovative capabilities of both Linde and Snam in order to contribute to scaling-up hydrogen and reaching climate goals, aligned with the European Hydrogen Strategy.”
“The collaboration with one of the world’s leading companies in the sector strengthens our role as operator along the hydrogen value chain and lays the foundation for new joint projects.”