Adani Group has struck a development and license deal with Melbourne-based Cavendish Renewable Technology (CRT). The deal covers infrastructure expenditures for intellectual property development, license fees, and royalties if CRT’s electrolyzer technologies are successfully commercialized.
![Adani](https://www.cleanfuture.co.in/wp-content/uploads/2022/12/techn_PR_Wire.jpg)
In India, Adani is currently constructing a vertically integrated 5 GW electrolyzer production factory. The electrolyzer gigafactory is critical to Adani Group’s goal of investing $70 billion in green technology and projects by 2030.
Adani New Industries has chosen CRT as a technology partner for the development of green hydrogen electrolyzer technologies in order to fulfill rising demand in India and the Middle East-North Africa area. CRT will be able to expedite its research operations and shorten the commercialization road for hydrogen electrolyzers as a result of the collaboration.
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The collaboration would include the mass-scale development of alkaline electrolyzers (AEL), polymer exchange membranes (PEM), anion exchange membranes (AEM), and CRT’s revolutionary ‘C Cell’ technology.
CRT intends to open a prototype manufacturing line for AEM electrolyzer production in early 2024.
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According to the business, its PEM and AEL electrolyzer stack designs are simple, scalable, and optimized for mass production with low time and machining costs. It has also created a patented low-cost electrode fabrication technology for catalyst-coated substrates that is suited for large-scale production using existing industrial processes.
The collaboration complements India’s National Hydrogen Mission, which seeks to create 5 million tons of green hydrogen by 2030, as well as the growth of renewable energy capacity.
Reference- PR Newswire feed, Business Standard, Mercom India, Cavendish Renewable Technology Newsroom