Daily Newsletter

29 February 2024

Daily Newsletter

29 February 2024

Bekaert and Toshiba partner on green hydrogen tech

The new partnership follows a memorandum of understanding (MOU) signed by the two companies in September 2023.

Kit Million Ross February 29 2024

Bekaert has partnered with Toshiba’s green energy division, Toshiba Energy Systems & Solutions Corporation (Toshiba ESS), to develop new technologies for green hydrogen electrolysis.  

The new partnership follows an MOU signed by the two companies in September 2023, committing them to developing a formal partnership. Bekaert is one of the world leaders in the development of Porus Transport Layers (PTL), which form a major part of the membrane electrode assembly (MEA) of water electrolysers crucial to the green hydrogen market.  

Toshiba ESS is currently developing MEAs for large-scale water electrolysers and has developed a technology that reduces the amount of iridium needed by 90%. As iridium is an expensive and rare metal, this development could bring down the cost of water electrolysers significantly, along with the cost barrier for green hydrogen

Under the partnership, Bekaert will commercialise MEA production to serve its hydrogen customers, while Toshiba will licence its iridium-saving technology to Bekeart, allowing it to manufacture and distribute MEAs using the tech. Toshiba will continue to research and develop the technology to further enhance the green hydrogen market. 

Inge Schildermans, senior vice-president of Bekaert’s Energy Transition business, commented: “Bekaert is a leading player in the development of green hydrogen production and is therefore delighted to partner with Toshiba on the industrialisation and commercialisation of this innovative new PEM MEA technology. Furthermore, we are delighted to be able to offer this to our green hydrogen customers and help them achieve their cost and sustainability challenges. Bekaert is establishing itself as a green hydrogen technology and industrialisation partner, helping the electrolyser industry to scale and deliver the energy transition.” 

Shigehiro Kawahara, vice-president of Toshiba ESS, added: "Addressing the surging demand for green hydrogen requires wider adoption of PEM electrolysis equipment. Our advanced iridium-saving MEA technology, coupled with Bekaert’s long-standing expertise in PTL, forms a promising partnership. We believe this collaboration will effectively meet the rapid growth in demand and contribute significantly to the realisation of a green hydrogen society." 

Uncover your next opportunity with expert reports

Steer your business strategy with key data and insights from our latest market research reports and company profiles. Not ready to buy? Start small by downloading a sample report first.

Newsletters by sectors

close

Sign up to the newsletter: In Brief

Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Thank you for subscribing

View all newsletters from across the GlobalData Media network.

close