Thermax and Ceres Power Collaborate for Green Hydrogen Production in India
Key Ideas
- Thermax partners with Ceres Power Holdings to manufacture, sell, and service stack array modules based on advanced solid oxide electrolysis (SOEC) technology.
- The collaboration aims to accelerate the deployment of SOEC technology globally, making hydrogen production up to 25% more efficient for industries such as ammonia, steel, refineries, and chemicals.
- Thermax plans to establish a manufacturing facility for electrolysers, develop the supply chain, localize critical components, and offer highly efficient and cost-effective hydrogen production solutions for hard-to-abate industries.
- The partnership between Thermax and Ceres is a significant step towards driving sustainable solutions for accelerating decarbonisation in India and globally, aligning with the country's target to produce 5 million metric tonnes of green hydrogen by 2030.
Thermax, an energy and environment solutions provider, has entered a strategic collaboration with Ceres Power Holdings to manufacture, sell, and service stack array modules (SAM) based on advanced solid oxide electrolysis (SOEC) technology for green hydrogen production. This partnership aims to revolutionize the hydrogen production landscape by offering more efficient systems for industries like ammonia, steel, refineries, and chemicals. Thermax plans to establish a manufacturing facility for electrolysers and develop cost-effective solutions for hard-to-abate industries. The collaboration is set to accelerate the energy transition in India and globally, aligning with the country's goal to produce 5 million metric tonnes of green hydrogen by 2030. This partnership signifies a major milestone in driving sustainable solutions for decarbonisation and promoting green hydrogen production.
Topics
India
Green Hydrogen
Energy Transition
Decarbonisation
Manufacturing
Technology Partnership
Environment Solutions
Latest News