Engineering and technology companies Technip Energies and John Cockerill have established Rely, a provider of integrated and competitive green hydrogen solutions.

According to Technip, Rely will offer end-to-end solutions, from pre-final investment decision (pre-FID) services, including technical and financial advisory, to proprietary products, project execution, and operation and maintenance.

Technip informed Rely will ensure project execution for its clients by securing the supply chain thanks to a capacity reservation and supply contract for pressurised alkaline electrolysers with John Cockerill Hydrogen, a subsidiary of John Cockerill, and as part of the agreement, Rely is expected to become a minority shareholder in John Cockerill Hydrogen with a 10% minority stake.