Strategic Partnership and Licensing Deal
Delta Electronics announces a long-term collaboration and licensing agreement with Ceres Power, accessing Ceres’ Hydrogen energy stack technology for approximately GBP43 million. The collaboration aims to develop solid oxide fuel cell (SOFC) and solid oxide electrolysis cell (SOEC) systems for hydrogen energy applications.
Technological Integration for Green Solutions
Delta plans to integrate Ceres’ energy stack technology with its power electronics and thermal management technologies. The partnership targets the production of SOFC and SOEC systems by the end of 2026, enhancing Delta’s green solutions for various sectors, including chemicals, energy, transportation, and steel.
Hydrogen’s Role in Global Transition
Delta’s CEO, Ping Cheng, emphasizes the importance of hydrogen in the global transition to net-zero. The SOFC systems offer reliability and high efficiency in electricity generation, suitable for micro-grid applications and mission-critical facilities. The collaboration aligns with Delta’s commitment to contributing to global carbon reduction targets.
Ceres’ Core Technologies
Ceres’ solid oxide technology, developed over 20 years, is at the core of SOFC and SOEC. SOFC achieves high power generation efficiency, surpassing centralized gas-fired power units. SOEC produces green hydrogen efficiently, crucial for industries seeking decarbonization. Ceres operates on a licensing business model.
Global Hydrogen Demand and Net-Zero Transition
With the global demand for hydrogen expected to reach 223 Mt in 2030, hydrogen applications are vital for achieving net-zero targets. The collaboration positions Delta and Ceres to play a significant role in advancing hydrogen technology for a sustainable future.
Source：taiwannews.com.tw
