Thermax, a prominent player in energy and environmental solutions, has unveiled a strategic alliance with Ceres Power Limited to advance hydrogen production technology. The collaboration involves a global license agreement for manufacturing and selling stack array modules (SAM) based on Ceres' solid oxide electrolysis cell (SOEC) technology. This partnership will see Thermax developing SAM balance of modules (SBM) and multi-megawatt SOEC electrolyser modules, aiming to boost the production of green hydrogen efficiently. By utilizing its expertise in heat integration and waste heat recovery, Thermax plans to pioneer a pressurized SAM and SBM to support the development of large-scale SOEC systems. These systems are projected to be up to 25% more efficient than existing low-temperature electrolysis technologies, making them ideal for decarbonizing challenging industries like ammonia, steel, and refineries. With plans to establish a manufacturing facility for the electrolysers and localize critical components, Thermax is poised to offer cutting-edge solutions for accelerating the energy transition. The collaboration aligns with India's goal of producing 5 million metric tonnes of green hydrogen by 2030 and underscores the commitment to sustainable solutions for decarbonizing industries. The CEOs of both companies have expressed enthusiasm about the partnership, highlighting the potential to drive industrial decarbonization in the rapidly evolving Indian market and globally.