FPT Industrial, the designer and manufacturer of low-impact sustainable engines, and Landi Renzo Group, a leading company in the design, production and distribution of compressed natural gas, liquefied natural gas and hydrogen components and systems, have signed two Memoranda of Understanding (MoU)
The MoU aims to explore the possibility of collaborating on clean fuel projects. Memoranda are focused on the possible development of natural gas and hydrogen technology respectively.
Memoranda are focused on the possible development of natural gas and hydrogen technology respectively.
Considering that the green economy and sustainable mobility will play a key role in all industrial transportation segments and recognition of the strengths and values of each other’s business and technological capabilities, the two companies will explore potential collaborations on developing complete, efficient and fully sustainable mobility solutions.
The MoU will allow FPT Industrial and Landi Renzo Group to leverage their proven and renowned specific competencies and technological capabilities for both natural gas and hydrogen in light of the enhancement of their role as active players in the green economy in line with the European Green Deal strategy, boosting the growth of renewable energies in the transportation sector.
In the natural gas sector, the signing of the MoU is intended to support the development of new fuel injection and management systems tailored for FPT Industrial applications, using Landi Renzo Group dedicated components. The collaboration will aim at optimising the performance of the entire gas system and engine, evaluating how best to integrate Landi Renzo Group components into both compressed natural gas and liquefied natural gas applications.
The companies’ cooperation in the hydrogen sector will also consider covering areas of development that leverage the synergies that compressed natural gas and liquefied natural gas can offer in bridging the introduction of hydrogen to the transportation sector, from its use as a blend in natural gas to up to 100% hydrogen.
Pierpaolo Biffali, FPT Industrial vice-president Product Engineering, stated, “The road to green mobility means offering complete, and viable solutions. And high added-value partnerships, like the one envisaged in the MoU just signed with the Landi Renzo Group, are key to our strategy, which aims at offerings customers real opportunities and turn-key solutions, to lower the ecological and economic impact of their transport business.”