RINA and Fincantieri join forces in decarbonisation R&D

Memorandum of understanding signed by Italian companies to develop synergies in the field of alternative fuels, carbon capture and renewable energies.

RINA, an inspection, certification and consulting engineering multinational, and Fincantieri, known for design and construction of high value-added ships and the supply of complex technological systems in different sectors, have signed a memorandum of understanding.

The agreement sees the involvement of the two companies in technology scouting, the analysis, study and simulation of new fuels and energy vectors - in particular hydrogen and ammonia - and carbon capture. The collaboration will also include Approval in Principle (AiP) activities, a risk-based approach to classification that allows new designs and concepts to be validated for safety equivalence, and the qualification of innovative projects and technologies.

In the field of renewable energy, the two companies will focus on offshore wind power plants and technological solutions for wave energy. The organisations will also co-participate in EU-financed R&D projects and engage in the development of green finance.