ASX-Dividend-Report-Banner

Toshiba and Bekaert sign a partnership agreement on MEA technology for PEM electrolyzers to accelerate the advance towards green hydrogen production at scale

February 29, 2024 06:00 PM AEDT | By Cision
Follow us on Google News: https://kalkinemedia.com/resources/assets/public/images/google-news.webp
 Toshiba and Bekaert sign a partnership agreement on MEA technology for PEM electrolyzers to accelerate the advance towards green hydrogen production at scale
Image source: Kalkine Media

TOKYO, Feb. 29, 2024 /PRNewswire/ -- Toshiba Energy Systems and Solutions Corporation ("Toshiba") and Bekaert, have entered into a global partnership which includes a strategic cooperation agreement, and a manufacturing technology license for Membrane Electrode Assemblies (MEA), a key component for Proton Exchange Membrane (PEM) electrolyzers, that will help to accelerate the advance towards green hydrogen production. The agreement formalizes recent collaboration to leverage both companies' technological, manufacturing and commercial strengths since signing an MoU in September 2023*.


PEM electrolyzers use electricity to split water into its component elements of oxygen and hydrogen. When the electricity is from a renewable energy source, the hydrogen is produced without any greenhouse gas emissions. The catalyst in PEM anode electrodes uses iridium, one of the scarcest traded metals. Consequently, solutions that reduce iridium content present a significant break-through towards the scale adoption of these technologies.

Under the agreement, Bekaert's leading expertise in Porous Transport Layers (PTL), a key component in the MEA of water electrolyzers, will be coupled with Toshiba's innovative iridium-saving technology for MEA, which will enable a 90% reduction in iridium usage in the production of PEM electrolyzers. This reduction in iridium will enable a more stable supply of MEA and support the scale expansion of green hydrogen production.

Bekaert will undertake commercialization of MEA production, leveraging its global network and established manufacturing base in Belgium, to serve its hydrogen customers. Toshiba will license its iridium-saving MEA technology to Bekaert, granting them the ability to manufacture and distribute MEAs. Meanwhile, Toshiba will focus on further enhancing its technical performance of the technology. The agreement is global, with the exception of Japan-related projects, which will be subject to a separate agreement.

Inge Schildermans, Senior Vice-President of Bekaert's Energy Transition business commented: "Bekaert is a leading player in the development of green hydrogen production and is therefore delighted to partner with Toshiba on the industrialization and commercialization of this innovative new PEM MEA technology. Furthermore, we are delighted to be able to offer this to our green hydrogen customers and help them achieve their cost and sustainability challenges. Bekaert is establishing itself as a green hydrogen technology and industrialization partner, helping the electrolyzer industry to scale and deliver the energy transition."

Shigehiro Kawahara, Vice-President of Toshiba ESS commented: "Addressing the surging demand for green hydrogen requires wider adoption of PEM electrolysis equipment. Our advanced iridium-saving MEA technology, coupled with Bekaert's longstanding expertise in PTL, forms a promising partnership. We believe this collaboration will effectively meet the rapid growth in demand and contribute significantly to the realization of a green hydrogen society."

* Press Release: Bekaert and Toshiba sign Memorandum of Understanding to develop global partnership around MEA for PEM electrolysis - Bekaert.com

Image of Toshiba's Membrane Electrode Assembly (MEA)
Image of Toshiba's Membrane Electrode Assembly (MEA)

About Bekaert

Bekaert's ambition is to be the leading partner for shaping the way we live and move, and to always do this in a way that is safe, smart, and sustainable. As a global market and technology leader in material science of steel wire transformation and coating technologies, Bekaert also applies its expertise beyond steel to create new solutions with innovative materials and services for markets including new mobility, low-carbon construction, and green energy.

About Bekaert Hydrogen

Bekaert's ultrathin metal fiber porous media are used as porous transport layers enhancing the durability and performance of electrochemical devices such as water electrolyzers for the production of green hydrogen. Bekaert has established a technology and market leadership position in Porous Transport Layers (PTL) for both PEM and AEM electrolyzers with the brandname Currento®. The company invests in the development of next generations of innovative solutions for green hydrogen production as well as in expanding its production footprint to multiple GW capacity over the coming years.

About Toshiba Energy Systems & Solutions Corporation

Toshiba Energy Systems & Solutions Corporation, a wholly owned subsidiary of Toshiba Corporation, handles Toshiba Group's energy businesses. With its long experience and expertise in a wide range of power generation and transmission systems, and in energy management technologies, the company delivers innovative, reliable, and efficient energy solutions across the globe.
Find out more about Toshiba ESS at https://www.global.toshiba/ww/company/energy.html


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (“Kalkine Media, we or us”), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary.
The content published on Kalkine Media also includes feeds sourced from third-party providers. Kalkine does not assert any ownership rights over the content provided by these third-party sources. The inclusion of such feeds on the Website is for informational purposes only. Kalkine does not guarantee the accuracy, completeness, or reliability of the content obtained from third-party feeds. Furthermore, Kalkine Media shall not be held liable for any errors, omissions, or inaccuracies in the content obtained from third-party feeds, nor for any damages or losses arising from the use of such content.
Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyrighted to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have made reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.

This disclaimer is subject to change without notice. Users are advised to review this disclaimer periodically for any updates or modifications.

AU_advertise

Advertise your brand on Kalkine Media

Recent Articles

Investing Tips

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.