Johnson Matthey expands presence in green hydrogen with stake in AEM electrolyser pioneer Enapter
25 May 2022
Today, Johnson Matthey, a global leader in sustainable technologies, enters into鈥痑 strategic partnership with Enapter, a pioneer and commercial leader in AEM鈥痚lectrolysis. AEM is a next generation electrolyser technology that promises to drive down the cost of green hydrogen towards a point where it becomes competitive with fossil fuels.
The partnership will include collaborating on the joint development of advanced components for Enapter鈥檚 AEM鈥痵tacks. Specialised catalysts will also be supplied, recognising Johnson Matthey鈥檚 undisputed鈥痚xpertise in catalysis.
As part of the partnership, JM will invest 鈧�20m鈥�(representing 4.31%) in Enapter.
Both companies are committed to supporting the transition to net zero by accelerating the development of AEM electrolysis. Enapter鈥檚 highly efficient standardised鈥痑nd modular AEM electrolysers allow green hydrogen production from kW to MW scale at lower associated costs for鈥痸arious 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.
Johnson Matthey and鈥疎napter will jointly investigate opportunities for the recycling of production scraps and components from end-of-life products,鈥痳ecognising Johnson Matthey鈥檚 competitive advantage in offering closed loop solutions.
Liam Condon, CEO of Johnson Matthey, said: 鈥淥ur 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.鈥�
Sebastian-Justus Schmidt, Founder and CEO of Enapter, said: 鈥淩apid growth and scaling of our technology lies at the core of our mission to drive down the cost of green hydrogen. This partnership recognises Johnson Matthey鈥檚 pioneering work in material chemistry and its industrialisation, and enables us to continue enhancing the efficiency and performance of our products to deliver on the promise of clean energy for all.鈥�
For further information
Johnson Matthey:
Email: [email protected]
Telephone: +44 207 269 8001
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