Toray Industries, Inc. and Siemens Energy K.K., the Japanese subsidiary of Siemens Energy AG have announced that they have partnered to jointly promote the technological development and demonstration of the largest multi-megawatt class PEM (Polymer Electrolyte Membrane) electrolysis in Japan with new membrane technology from Toray.
The two companies have been approved by the Green Hydrogen Project under the Green Innovation Funding Program organized by the Japanese Ministry of Economy, Trade, and Industry (METI) and the New Energy and Industrial Technology Development Organization (NEDO) and will receive the funding together with six other companies including the Yamanashi Prefectural Enterprises Bureau, and Tokyo Electric Power Company.
Siemens Energy and Toray Industries will cooperate to provide optimum solutions to contribute to the realization of a carbon-neutral society in countries and regions around the world by utilizing our hydrogen-related technologies, business, and global network. The joint vision of the two companies is to advance the technology to produce green hydrogen from innovative PEM water electrolysis using renewable energy sources.
The resulting green hydrogen can not only be used for large-scale power generation and other electric power applications, but also sector couplings such as heat, transport, and industrial applications. Toray will provide Siemens Energy with Toray's proprietary hydrocarbon electrolyte membranes. The two companies will work together to promote the installation and demonstration of these membranes in Siemens Energy's large industrial scale PEM water electrolyzer.