Technip Energies, John Cockerill create new green hydrogen company

Offshore staff

PARIS — Technip Energies and John Cockerill have created Rely with the aim to accelerate technology development to support net-zero ambitions.

Belgium-based Rely is an asset-light joint venture, 60% owned by Technip Energies and 40% owned by John Cockerill. It was designed to scale up green hydrogen and power-to-X solutions to decarbonize hard-to-abate industries.

Rely offers end-to-end large-scale solutions, from pre-FID services including technical and financial advisory through to proprietary technologies, project execution, and operation and maintenance.

The partners say Rely offers a portfolio of solutions for projects of 100-MW capacity and above, leveraging the technology and engineering expertise of its parent companies.

 11.30.2023