Johnson Matthey and Plug Power have agreed to expedite the development of high-performance electrolyser technology to improve durability, performance, and efficiency.
Under the MoU, both partners will focus on developing, validating, and incorporating Johnson Matthey advanced materials in Plug Power’s electrolyser systems. They will also explore developing a closed-loop recycling system for platinum group metals (pgm) used as catalysts in electrolysers.
Both companies play key roles in the hydrogen economy value chain, where Johnson Matthey develops high-performance coating materials and CCM technology while Plug Power manufacturers electrolysers for green hydrogen production.
Eugene McKenna, MD, Green Hydrogen, Johnson Matthey, said, “We’re excited to take our relationship with Plug Power, a leader in electrolyser systems, to the next level, working together to drive the development of world-leading technologies with significantly improved performance and an integrated plan for recycling key materials.”
“Our CCMs draw on innovations in catalyst, membrane and additive development built over many years and which are the foundation of our Green Hydrogen business today. Equally important is to enable a sustainable energy transition,
Rick Mason, VP Operations, Plug Power, said, “The new generation of proton exchange membrane (PEM) electrolysers will require solutions that are able to meet the increasing demands on efficiency and performance.”