LONDON, May 22, 2023
/PRNewswire/ -- Johnson Matthey
(JM), a global leader in sustainable technologies, and Hystar, a
Norwegian high-tech hydrogen company, have signed a three-year
strategic supply agreement to ramp up renewable (green) hydrogen
production. This delivers on JM's published milestone of winning at
least two strategic partnerships in Hydrogen Technologies by the
end of 2022/23.
JM will supply membrane electrode assemblies (MEAs), key
performance-defining components for electrolysers, as part of
Hystar's commercialisation ramp-up. This represents the next step
in the collaboration between the two companies which began in 2021,
focused on electrolyser stack development and manufacturing
scale-up, using the components provided by JM and Hystar's patented
cell design.
As part of the ongoing collaboration, JM will supply MEAs for
the Hystar PEM electrolysers to be used in the HyPilot project in
Norway. The HyPilot project will
verify Hystar's patented PEM technology under realistic field
conditions, in collaboration with industry leaders Yara and
Equinor, with end market demand driven by the trends in food
production and energy security. As part of the project, Hystar will
deliver a complete, autonomous, containerized PEM electrolyser with
a hydrogen production capacity of up to 745 kg/day.
Hystar's recent test results show the company already exceeds
the Clean Hydrogen for Europe 2030
targets for clean hydrogen production. Hystar and JM will work in
partnership to continue improving the performance of Hystar's
electrolysers and design circularity principles into the
system.
Both partners will continue the collaboration to enable further
scale up and automation for Hystar's planned multi GW production
line, which is expected to be operational by 2025.
Fredrik Mowill, Chief Executive Officer at Hystar, says:
"Hystar's class-leading PEM electrolyser is currently undergoing a
ramp-up to GW scale production capacity. As part of our growth
plans, Hystar will partner with strategic suppliers, such as JM,
who possess state-of-the-art technology, mass manufacturing
capacity as well as the ability to pursue future technology
developments."
Mark Wilson, Chief Executive of
Hydrogen Technologies at JM, says: "This strategic agreement with
Hystar is an important endorsement of JM's electrolyser technology,
manufacturing capability, supply chain access and our circularity
offering. Partnerships such as this that bring together the
complementary capabilities and strengths of different organisations
are essential to the development of the hydrogen economy."
Terminology
Membrane Electrode Assemblies (MEAs) contain seven layers – the
catalyst-coated membrane (three layers); seals (two further
layers); and gas diffusion layers (another two additional layers,
giving total of seven layers). As such, MEAs contain the
three-layer catalyst-coated membrane (CCM) which is JM's primary
area of focus and drives the electrochemical reactions.
Johnson Matthey is a global
leader in sustainable technologies, catalysing the net zero
transition. With over 200 years of sustained commitment to
innovation and technological breakthroughs, we improve the
performance, function and safety of our customers' products. Our
science has a global impact in areas such as low emission
transport, energy, chemical processing and making the most
efficient use of the planet's natural resources. Today, about
13,000 Johnson Matthey professionals
collaborate with our network of customers and partners to make a
real difference to the world around us. For more information visit
www.matthey.com
About Hystar
Hystar AS, is a Norwegian high-tech innovative hydrogen
company. Hystar's PEM electrolysers are the most efficient and
safest in the world and have been designed for mass manufacturing
from the very beginning. The ultra-efficient design, which is
patented and unique to Hystar, enables their stack designs to use a
90% thinner membrane than conventional electrolysers, enabling more
than 10% lower energy consumption and more compact stacks using
less critical raw materials than the industry standard.
Hystar recently announced a Series B funding round
of $26million co-led by AP
Ventures and Mitsubishi Corporation with additional
investors including Nippon Steel Trading, Hillhouse
Investment and Trustbridge Partners, alongside existing
investors SINTEF Ventures and Firda.
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SOURCE Johnson Matthey