The new ammonia gas turbine combines Baker Hughes' compact turbine technology with PSM's ammonia combustion system, a US-based subsidiary of Hanwha.

South Korea's Hanwha Group said Tuesday it has partnered with global energy technology firm Baker Hughes Co. for the joint development of a low-carbon ammonia gas turbine. Under the agreement, Hanwha Ocean Co.

Hanwha Power Systems and Hanwha Ocean have signed a joint development and collaboration agreement with Baker Hughes to design

Ammonia-fueling is widely seen as key to shipping’s decarbonization. And while ammonia fueled four stroke engines will soon be a reality, ammonia gas turbines could be in the not too distant future.

With the goal of completely carbon-free operation of ships, Hanwha Power Systems and Hanwha Ocean (KRX: 042660) signed a Joint Development and Collaboration Agreement with Baker Hughes (NASDAQ: BKR),

With the goal of completely carbon-free operation of ships, Hanwha Power Systems and Hanwha Ocean have signed a joint development and collaboration agreement with Baker Hughes, a global energy technology company,