Swindon and Reading-based Johnson Matthey, a global leader in
sustainable technologies and Schaeffler, a leading global supplier to the
automotive and industrial sectors have partnered with Bekaert, a leading PTL
supplier for PEM electrolysers and TNO, a leading independent research
institute in the field of hydrogen.
The consortium aims to develop cells to be used within
electrolysis with the components optimised to work together for a step-change
in efficiency. It brings together each company’s leading individual
capabilities.
Johnson Matthey will also receive £400m of sustainable
financing through UK Export Finance’s (UKEF) Export Development Guarantee
scheme.