Israeli cleantech company H2Pro announces its agreement with Japanese Fortune Global 500 conglomerate Sumitomo Corporation (SC) to partner on a variety of green hydrogen initiatives. H2Pro, which develops the breakthrough 95% efficient E-TAC electrolyzer system, is forming partnerships worldwide with forward-thinking industrial players to integrate green hydrogen into their clean energy transition plans. Under the agreement, SC will integrate H2Pro's E-TAC electrolyzers at the hundreds of MW scale, primarily for use in green ammonia projects. The agreement between H2Pro and its investor-turned-partner is a critical strategic move for H2Pro to scale its technology.
In the initial phase of this agreement, Sumitomo and its partners will collaborate with H2Pro on operations for H2Pro's technology pilot and demonstration, and will supply H2Pro with various manufacturing equipment through its extensive network. In turn, H2Pro will provide Sumitomo with data to support Sumitomo's strategic planning for its pipeline of green hydrogen projects. By the second half of this decade, Sumitomo plans to incorporate H2Pro's electrolyzer technology, both within and outside the Sumitomo Corporation Group, toward the production of several hundred tons of green hydrogen per day.
Talmon Marco, CEO of H2Pro said "As H2Pro scales from a breakthrough technology startup to a commercial-scale manufacturer, a partnership such as this with Sumitomo Corporation is invaluable." He continued, "From pilot system deployment to the eventual integration of our commercial class system into their pipeline, we will benefit tremendously from Sumitomo's operations expertise and diverse industrial experience. We are confident this partnership will help us bring E-TAC to the world and make affordable green hydrogen a reality this decade."
Green hydrogen, which does not emit carbon dioxide when utilized, is becoming widely accepted as a critical tool for achieving net zero. Integrating green hydrogen into hard-to-abate sectors like steel, ammonia, refineries, heavy transport and aviation is crucial. Additionally, green hydrogen will play a vital role in energy storage and as a clean molecule for renewable energy export. Through its energy efficient, cost-effective systems, H2Pro will make green hydrogen accessible to both existing and emerging hydrogen markets and applications.
Japan, which lacks continuous access to local renewables such as solar and wind, will rely heavily on green hydrogen and ammonia to augment its clean energy supply as it decarbonizes multiple sectors. SC's Energy Innovation Initiative is investing in revolutionary decarbonization solutions with a focus on clean fuel production and storage.
"Green Hydrogen will play a critical role in Japan's decarbonization strategy" explained Yoshihiko Ichikawa, General Manager of SC's Hydrogen Business Department. "At Sumitomo Corporation, we are preparing for this transition by working to employ the most efficient means of green hydrogen production into our clean energy pipeline. Our partnership with H2Pro propels this vision forward."