Johnson Matthey, a global leader in sustainable technologies, forms a strategic alliance with Enapter, the pioneer and market leader in AEM electrolysis.
AEM is an electrolyser technology of the next generation that promises to reduce the cost of green hydrogen to the point where it is competitive with fossil fuels.
The agreement will involve the combined development of sophisticated components for Enapter’s AEM stacks. Recognizing Johnson Matthey’s unmatched expertise in catalysis, specialized catalysts will also be given.
In conjunction with the partnership, JM will invest €20 million (4.31 percent) in Enapter.
By expediting the development of AEM electrolysis, both firms are committed to aiding the transition to net zero. Enapter’s highly efficient standardised and modular AEM electrolysers enable green hydrogen production from kW to MW scale at reduced costs for a variety of applications, including electricity storage (residential and industrial), production of synthetic gas or methane (power-to-gas), mobility (hydrogen refuelling and e-fuels), and industrial use.
Recognizing Johnson Matthey’s competitive advantage in providing closed loop solutions, Johnson Matthey and Enapter will research potential for the recycling of production rejects and components from end-of-life goods.
Liam Condon, CEO of Johnson Matthey, said: “Our ambition is to become the global leader in green hydrogen technologies and to diversify our technology base in this booming market, both in the electrolyser and fuel cell markets. This strategic partnership is at the heart of our strategy as we focus our resources on growth areas targeted at climate change solutions. Working with Enapter is a great opportunity for us to accelerate and further expand in green hydrogen and deliver on our vision for a cleaner, healthier world.”
Sebastian-Justus Schmidt, Founder and CEO of Enapter, said: “Rapid growth and scaling of our technology lies at the core of our mission to drive down the cost of green hydrogen. This partnership recognizes Johnson Matthey’s pioneering work in material chemistry and its industrialization, and enables us to continue enhancing the efficiency and performance of our products to deliver on the promise of clean energy for all.”