Energy and environment solutions company Thermax has announced a strategic collaboration with Ceres Power to manufacture, sell, and service stack array modules (SAM) based on Ceres’ advanced solid oxide electrolysis cell technology.

This collaboration also includes developing, commercializing, and selling SAM balance of modules (SBM) and multi-megawatt SOEC electrolyzer modules.

Ceres Power is a subsidiary of Ceres Power Holdings, a  UK-based developer of clean energy technology.

Under this non-exclusive, global license agreement, Thermax will leverage its expertise in heat integration and waste heat recovery to manufacture the first pressurized SAM. The company will also design and develop SBM, a key component for scaling up multi-MW SOEC electrolyzer modules.

Thermax plans to establish a manufacturing facility for the electrolyzers, develop the supply chain, and localize critical components as a step toward commercialization.

“In India, significant strides are being made towards embracing renewable energy sources, particularly green hydrogen, as the country targets to produce 5 million metric tons of green hydrogen by 2030. We are excited to partner with Ceres to bring advanced solid oxide electrolysis technology to India,” said Ashish Bhandari, Managing Director & CEO of Thermax.

According to the regulatory filing, the new system will be up to 25% more efficient than current low-temperature electrolysis technologies and utilize steam generated from industrial and waste heat recovery. This makes it ideal for decarbonizing hard-to-abate sectors such as ammonia, fertilizer production, steel, refineries, and chemical manufacturing.

Thermax recently acquired 100% equity share capital of Onix-Two Enersol through its wholly owned subsidiary, First Energy. The acquisition is valued at ₹100,000 (~$1,190), with Thermax acquiring 10,000 equity shares.

In March, the Ministry of New and Renewable Energy set aside ₹44.4 billion (~$535.6 million) to incentivize electrolyzer manufacturing to reduce hydrogen production costs as part of the National Green Hydrogen Mission.