Emphasizes
- CRT is an innovation partner for establishing Green Hydrogen Electrolyser Technologies
- Adani Group plan to invest USD $70 billion by 2030 in green technologies and projects
- The next decade will be a golden era for hydrogen
MELBOURNE, Australia, Dec. 8, 2022/ PRNewswire/– Cavendish Renewable Innovation Pty Ltd (“CRT”)is happy to announce the signing of a Technology Advancement and Licensing Arrangement with Adani New Industries Limited (ANIL), which becomes part of the Adani Group. The contract consists of infrastructure expenses for additional development of intellectual property, licence charges and royalties on effective commercialisation of CRT’s modern electrolyser innovations.
CRT will now be able to accelerate its research study activities to shorten the commercialisation pathway causing near term revenue generation, in a hydrogen electrolyser market that the company considers as grossly underserviced in the APAC area.
Adani New Industries Limited has actually picked CRT as a technology partner for establishing Green Hydrogen Electrolyser Technologies to meet increasing demand in India and the Middle East North Africa area. It covers the advancement of Alkaline Electrolysers (AEL), Polymer Exchange Membrane (PEM), Anion Exchange Membranes (AEM), and CRT’s ingenious ‘C Cell’ innovation for mass-scale production.
Cavendish Renewable Technology President, Dr. Ani Kulkarni commented on the Agreement:
“It is going to be a golden era for hydrogen over the next years, and CRT is excited to get such a considerable contract from Adani; we believe this contract would underpin clean innovation cooperations between 2 key economies in the APAC area.”
“It is an excellent global recommendation of the activities of CRT’s knowledgeable team which consists of market professionals with core hydrogen research study backgrounds in addition to substantial engineering and capital market experience.”
About Adani New Industries Limited
Adani New Industries Limited is the manufacturing and green hydrogen platform of the Adani Group. It is concentrated on the production of green hydrogen and its derivatives, and the manufacturing of important equipment for energy shift, consisting of solar panels, wind turbines and electrolysers. Adani New Industries Limited is establishing a modern vertically integrated 5 GW electrolyser factory in India. Its Electrolyser Gigafactory is an important aspect in the strategy of Adani Group to invest USD $70 billion by 2030 in green innovations and projects.About CRT & the ArrangementCRT & is a Melbourne
based innovative hydrogen technology business specialising in cutting edge electrolysers. CRT’s PEM and AEL electrolyser stack designs are basic, scalable and customized for mass production with minimized time and cost of machining. CRT has actually likewise established a proprietary affordable electrode fabrication procedure for catalyst-coated substrates, which is suitable for making at scale with established commercial procedures. CRT is also focusing on next generation AEM and its exclusive C-Cell electrolysers. For its AEM innovation, CRT has designed brand-new iridium-free catalysts ideal for volume productions to satisfy future demands. CRT has actually already developed a prototype AEM stack and blueprinting mass production. CRT’s”C-Cell “is an early-stage yet ground-breaking approach with the potential to improve the performance of alkaline water electrolysis. Using a combination of powdered metallurgy techniques and catalyst coating methods, the C-Cell design removes the requirement for intricate machining.CRT plans to establish a pilot factory in early 2024 for AEM electrolyser production.For more details please visit: https://cavendishrenewable.com.au!.?.!SOURCE Cavendish Renewable Technology