May 12, 2021. FPT Industrial and Landi Renzo Group have signed two memorandums of understanding aimed at exploring the possibility of collaborating on the 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 in 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 Memorandum of Understanding will allow FPT Industrial and Landi Renzo Group to leverage their proven and renowned specific competences 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 Memorandum of Understanding 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 optimizing the performance of the entire gas system and engine, evaluating how best to integrate Landi Renzo Group components into both compressed natural gas (CNG) and liquefied natural gas (LNG) applications.
The companies’ cooperation in the hydrogen sector will also consider to cover areas of development that leverage the synergies that CNG and LNG 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.