Asahi Kasei, a leading Japanese technology company, has secured governmental support to expand its manufacturing capacity for cell frames and membranes of alkaline water electrolyzers to produce green hydrogen at its Kawasaki plant in Japan. This initiative aims to establish a stable domestic supply chain for technologies vital in achieving Japan's carbon neutrality target by 2050. With the global demand for water electrolyzers projected to reach 31 GW by 2030, Asahi Kasei plans to scale up its manufacturing capacity to meet the growing hydrogen production needs. Having been a pioneer in hydrogen technology, Japan is strategically focusing on green hydrogen as part of its 'Green Transformation (GX)' strategy. Asahi Kasei's proposed expansion project involves constructing new plants with a combined capacity of 2 GW by 2028, supported by a ¥11.4 billion governmental subsidy. By bolstering its manufacturing capabilities, including ion-exchange membrane chlor-alkali electrolysis, the company expects to exceed a 3 GW total annual production capacity. The company envisions synergies between its electrolysis businesses to meet the dynamic hydrogen market demands and enhance its position in the chlor-alkali electrolysis market. Asahi Kasei aims to establish itself as a significant global player in water electrolysis equipment, targeting a 20% market share by 2030 across regions like Europe, North America, and India. This strategic endeavor not only strengthens the green hydrogen supply chain but also elevates Japan's industrial competitiveness in the hydrogen sector. Through this project, Asahi Kasei aligns with Japan's commitment to sustainable practices and the global shift towards carbon neutrality. By investing in cutting-edge technologies and fostering partnerships, the company is positioning itself as a key contributor to the emerging hydrogen economy, emphasizing the importance of a stable manufacturing supply chain for green hydrogen production.