Impact Investing

Marvel-Tech

Developer of the world’s first tri-fuel gas turbine compatible with natural gas, hydrogen and ammonia for power generation and long-duration energy storage

Shanghai Marvel-Tech Ltd. (“Marvel-Tech”) specializes in the development of hydrogen and hydrogen derivatives-fueled gas turbines for zero-carbon green power generation. The company's innovative power generation portfolio includes fuel flexible gas turbines, high-speed turbines and special gas expander turbines, all aimed at reducing the carbon emissions of dispatchable power.

Marvel-Tech
Sector
Hydrogen-based Clean Fuels Energy Storage
Country
China
Fund
Decarbonization
Entry
2024
Type
Growth Equity
Website
www.marvel-tech.cn
Website
GO TO WEBSITE

About

Marvel-Tech

Marvel-Tech was founded in Shanghai, China in 2015 and has made significant strides in the energy sector by developing the world's first tri-feed zero-carbon low-NOx combustor capable of utilizing hydrogen, ammonia, and natural gas. This breakthrough technology offers a versatile and eco-friendly solution for global energy needs, aligning with the growing push towards renewable penetration in power systems.

Investment Highlights

A large number of renewable energy projects are planning to produce ammonia and hydrogen as an energy storage medium, while there is a US$200bn market for the upgrading of traditional gas turbines for greener solutions. A gas turbine capable of burning ammonia and hydrogen provides the flexibility to renewable energy developers to ensure reliable power supply through long-duration energy storage. Marvel Tech’s innovation and achievement in producing one of the first gas turbines to operate with pure ammonia is a key enabler in the future applications of ammonia as an energy carrier and places them 2-3 years ahead of their competition. With Marvel-Tech’s solution, operators can leverage multiple fuels to offer zero-emission power supply for key infrastructure such as data centers or off-grid systems without incurring the cost of replacements, fuel price volatility and pilot fuels.

Impact Investing

Marvel-Tech

Developer of the world’s first tri-fuel gas turbine compatible with natural gas, hydrogen and ammonia for power generation and long-duration energy storage

Shanghai Marvel-Tech Ltd. (“Marvel-Tech”) specializes in the development of hydrogen and hydrogen derivatives-fueled gas turbines for zero-carbon green power generation. The company's innovative power generation portfolio includes fuel flexible gas turbines, high-speed turbines and special gas expander turbines, all aimed at reducing the carbon emissions of dispatchable power.

Marvel-Tech
Sector
Hydrogen-based Clean Fuels Energy Storage
Country
China
Fund
Decarbonization
Entry
2024
Type
Growth Equity
Website
www.marvel-tech.cn
GO TO WEBSITE

About

Marvel-Tech

Marvel-Tech was founded in Shanghai, China in 2015 and has made significant strides in the energy sector by developing the world's first tri-feed zero-carbon low-NOx combustor capable of utilizing hydrogen, ammonia, and natural gas. This breakthrough technology offers a versatile and eco-friendly solution for global energy needs, aligning with the growing push towards renewable penetration in power systems.

Investment Highlights

A large number of renewable energy projects are planning to produce ammonia and hydrogen as an energy storage medium, while there is a US$200bn market for the upgrading of traditional gas turbines for greener solutions. A gas turbine capable of burning ammonia and hydrogen provides the flexibility to renewable energy developers to ensure reliable power supply through long-duration energy storage. Marvel Tech’s innovation and achievement in producing one of the first gas turbines to operate with pure ammonia is a key enabler in the future applications of ammonia as an energy carrier and places them 2-3 years ahead of their competition. With Marvel-Tech’s solution, operators can leverage multiple fuels to offer zero-emission power supply for key infrastructure such as data centers or off-grid systems without incurring the cost of replacements, fuel price volatility and pilot fuels.

Impact Investing

Marvel-Tech

Developer of the world’s first tri-fuel gas turbine compatible with natural gas, hydrogen and ammonia for power generation and long-duration energy storage

Shanghai Marvel-Tech Ltd. (“Marvel-Tech”) specializes in the development of hydrogen and hydrogen derivatives-fueled gas turbines for zero-carbon green power generation. The company's innovative power generation portfolio includes fuel flexible gas turbines, high-speed turbines and special gas expander turbines, all aimed at reducing the carbon emissions of dispatchable power.

Marvel-Tech
Sector
Hydrogen-based Clean Fuels Energy Storage
Country
China
Fund
Decarbonization
Entry
2024
Type
Website
www.marvel-tech.cn
Growth Equity
JV Partner
www.marvel-tech.cn

About

Marvel-Tech

Marvel-Tech was founded in Shanghai, China in 2015 and has made significant strides in the energy sector by developing the world's first tri-feed zero-carbon low-NOx combustor capable of utilizing hydrogen, ammonia, and natural gas. This breakthrough technology offers a versatile and eco-friendly solution for global energy needs, aligning with the growing push towards renewable penetration in power systems.

Key Figures

Location
Sydney, New South Wales
Site Area
1,681 m2 (combined development site)
Asset Class
Office
Occupancy
100%
Location
Adelaide, South Australia
Gross Lettable Area
23,243 m2
Asset Class
Retail
Passing Yield
5.2% (at acquisition)
Tenants
90 (at acquisition)
Location
Melbourne, Victoria
Site Area
258,885 m2
Asset Class
Mixed-use
(Residential and Commercial)
Residences
1,000+
Location
Melbourne, Victoria
Site Area
15,745 m2
Asset Class
Office (with supporting retail)
Net Lettable Area
up to 56,000 m2 (upon completion)

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