Phil Caldwell, CEO of Ceres, commented: “Ceres is engaged across the hydrogen value chain to build the market for its highly efficient solid oxide technology in hard-to-abate, high temperature industrial processes, such as green steel, ammonia and synthetic fuels. Ceres’ technology has the potential to reduce the overall costs for green hydrogen by 25%, and we welcome this opportunity to exchange insights with industry and government to facilitate further collaboration in India.”
India’s National Green Hydrogen Mission targets the development of 5 million tpy of green hydrogen by 2030, which would require the installation over 60G W of electrolyser capacity. Ceres, with its mature and highly differentiated technology and licensing business model, is well-placed to support this localisation mission.
In January 2024, Ceres signed its latest licensing agreement with Delta Electronics, a global leader in power and thermal management solutions. This partnership entails commercialisation of both fuel cell and electrolyser applications for the global market.
Read the article online at: https://www.globalhydrogenreview.com/hydrogen/08022024/ceres-attends-india-energy-week/
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