Johnson Matthey enters into a strategic partnership with Enapter to collaborate on the joint development of advanced components for Enapter’s AEM stacks.
As part of the partnership, JM will invest €20m (representing 4.31%) in Enapter.
AEM is a next-generation electrolyser technology that promises to drive down the cost of green hydrogen to a point where it becomes competitive with fossil fuels. Specialised catalysts will also be supplied, recognising Johnson Matthey’s undisputed expertise in catalysis.
Both companies are committed to supporting the transition to net-zero by accelerating the development of AEM electrolysis. Enapter’s highly efficient standardised and modular AEM electrolysers allow green hydrogen production from kW to MW scale at lower associated costs for various 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 Enapter will jointly investigate opportunities to recycle production scraps and components from end-of-life products, recognising Johnson Matthey’s competitive advantage in offering closed-loop solutions.
Liam Condon, CEO of Johnson Matthey, said, “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.”
Sebastian-Justus Schmidt, Founder and CEO of Enapter, said, “This partnership recognises Johnson Matthey’s 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.”
Enapter is currently constructing a plant for mass production of AEM Electrolysers in Saerbeck (NRW), Germany. At present, the devices are already made in series production at its plant in Pisa, Italy. From 2023, the company expects to build up a production capacity of 120,000 electrolysers per year at the Enapter Campus in Saerbeck.