Metacon signs add-on agreement for PERIC's pressurised alkaline stack technology for large electrolysers
Published by Ellie Brosnan,
Editorial Assistant
Global Hydrogen Review,
Metacon has signed a supplementary agreement to the existing original equipment manufacturer (OEM) License and Manufacturing Agreement that was announced on 25 January 2024 with PERIC Hydrogen Technologies Co. Ltd.
The supplementary agreement gives Metacon the right, based on the existing licence agreement, to also manufacture the stacks, which are the central modules in the electrolysis systems where water is split into oxygen and hydrogen.
This opens a potentially large and long-term business for Metacon in the aftermarket, as these stacks are designed to be able to be picked out and undergo regeneration at a cost-optimised time for each customer. The supplementary agreement also extends the term of the first phase of the overall license from 5 to 8 years from the start of production.
Metacon has an ongoing project to be able to manufacture, quality assure, and sell its own electrolysis plants with pressurised stacks to the part of the industrial sector that has begun to invest in its own large-scale fossil-free hydrogen production. The new supplementary agreement complements Metacon's strategy, which aims to create a technology portfolio for all the significant ways of producing fossil-free, green hydrogen, including decentralised reforming where the company already own technology, and are developing other products for the production of the same green hydrogen independent of the electricity grid.
PERIC is a provider in large, pressurised stacks and has, in addition to the 5 MW version, also launched a 10 MW and a 15 MW stack. This is expected to offer competitive advantage, especially for customers with very large production needs, such as in refineries, fossil-free steel, green fertilizers, green ammonia, and electrofuels, such as e-methanol for shipping. This is because economies of scale, cost-efficiency, and simplification in layout for the plants can be achieved.
Under the partnership with PERIC, Metacon will be able to build its own complete electrolysis plants, initially with core components from PERIC. Metacon will carry out the adaptations necessary to meet all European requirements and manufacturing standards, and ensure that large parts of the electrolysis plants can be built with local components in order to maximise sustainability and create a strong offering to the European market and possibly outside Europe, as PERIC has announced a desire to be able to allocate capacity to Metacon on a case-by-case basis. The collaboration with PERIC and the opportunity to initially purchase core components from PERIC gives Metacon the conditions to get started with manufacturing relatively quickly with limited investments in this context.
"I am extremely proud to announce that we are now further strengthening our partnership with PERIC, providing ourselves and PERIC with the conditions to be able to build a highly competitive European production of a proven and cost-effective electrolysis platform," commented Christer Wikner, President and CEO of Metacon.
Read the article online at: https://www.globalhydrogenreview.com/hydrogen/03032025/metacon-signs-add-on-agreement-for-perics-pressurised-alkaline-stack-technology-for-large-electrolysers/
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