Johnson Matthey to invest 20 million euros in electrolyser manufacturer Enapter

May 25 (Renewables Now) — British specialty chemicals and sustainable technology company Johnson Matthey Plc (LON:JMAT), or JM, will invest 20 million euros ($21.3 million) in electrolyser maker Enapter AG (ETR:H2O) in a new strategic partnership between the two.

JM is participating in an ongoing capital increase at Enapter which will bring him a 4.31% stake.

Enapter is a manufacturer of modular anion exchange membrane (AEM) electrolysers used for the production of green hydrogen at the kilowatt to megawatt scale. Under this partnership, the company and its new investor will conduct joint research and development on advanced materials and components for AEM electrolyzers with the goal of accelerating production scale-up at Enapter and improving performance continuously.

Already, Enapter carries out the mass production of its devices at a site in Pisa, Italy, and is building a mass production plant in Saerbeck, Germany in the meantime. Starting next year, the company plans to build up an annual production capacity of 120,000 electrolysers at the new campus that will run solely on renewable energy.

“Our ambition is to become the world leader in green hydrogen technologies and to diversify our technological base in this booming market, both in the electrolyzer and fuel cell markets. This strategic partnership is at the heart of our strategy. as we focus our resources on growing targeted areas of climate change solutions,” commented Liam Condon, CEO of JM.

The two partners will also explore options for reprocessing and recycling production waste and end-of-life components and devices.

(1.0 EUR = 1.066 USD)

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