NET Power and Lummus sign strategic supply agreement for heat exchangers

NET Power has signed a Strategic Supply Agreement with Lummus Technology to design and supply recuperative heat exchangers for NET Power's near-zero emissions power generation process. Lummus will be the licensed supplier for utility-scale plants, with a purchase order expected after Project Permian FEED completion.

“This Strategic Supply Agreement marks an important milestone in implementing NET Power's three-pillared strategy of proving our technology, building our backlog, and manufacturing for scale.”nasdaq.com

• 1 source
• nasdaq.comNET Power and Lummus Sign Strategic Supplier Agreement for Heat Transfer Equipment | NasdaqDec 6, 2023

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