Thermax, an Indian company, has announced a significant partnership with Ceres Power Ltd to advance green hydrogen production using solid oxide electrolysis cell (SOEC) technology. This agreement will see Thermax manufacturing, selling, and servicing stack array modules (SAM) based on Ceres' SOEC technology, allowing for more efficient hydrogen production through electrolysis. The collaboration also includes the development of SAM balance of modules (SBM) and multi-megawatt SOEC electrolyser modules, leveraging Thermax's experience in heat integration and waste heat recovery. The joint efforts aim to revolutionize the hydrogen production landscape by offering systems that are up to 25% more efficient than current low-temperature electrolysis technologies. These systems will utilize steam generated from industrial processes, making them ideal for decarbonizing challenging industries like ammonia, steel, refineries, and chemical production. Thermax plans to establish a manufacturing facility for the electrolysers, build the supply chain, and localize critical components. This strategic move positions Thermax among the select global companies capable of providing large-scale SOEC systems for commercial applications. By partnering with Ceres Power, Thermax aims to contribute to India's renewable energy goals, particularly in green hydrogen production. Both companies expressed enthusiasm for the collaboration, highlighting the potential to accelerate the energy transition in India and globally while supporting the decarbonization of hard-to-abate industries. Overall, the partnership between Thermax and Ceres Power signifies a significant step towards advancing green hydrogen production in India and fostering sustainable solutions for industrial decarbonization.