Thermax, a prominent energy and environment solutions provider, has announced a strategic collaboration with Ceres Power Holdings plc to revolutionize green hydrogen production. The partnership involves a non-exclusive global license agreement for Thermax to manufacture, sell, and service stack array modules (SAM) based on Ceres’ advanced solid oxide electrolysis (SOEC) technology. Thermax will also develop SAM balance of modules (SBM) and multi-megawatt SOEC electrolyser modules, aiming to accelerate the deployment of SOEC technology in India and worldwide. The collaboration focuses on developing highly efficient electrolysis technology for hard-to-abate industries like ammonia/fertilizer, steel, refineries, and chemical production. Thermax plans to utilize its expertise in heat integration and waste heat recovery to manufacture pressurized SAM and design SBM, which will serve as building blocks for multi-MW SOEC electrolyser modules. The systems developed under this collaboration are expected to be up to 25% more efficient than existing low-temperature electrolysis technologies, making them ideal for decarbonizing industries. As part of the commercialization strategy, Thermax intends to establish a manufacturing facility, develop the supply chain, and localize critical components for the electrolysers, positioning the company as a global provider of large-scale SOEC systems. The CEOs of both companies have expressed optimism about the partnership. Ashish Bhandari, Thermax's Managing Director & CEO, highlighted the importance of embracing green hydrogen for decarbonization efforts in India and globally. Phil Caldwell, CEO of Ceres, emphasized the significance of entering the Indian market and enabling industrial decarbonization. The collaboration reflects a mutual commitment to driving sustainable solutions and accelerating the energy transition towards green hydrogen.