The agreement has been made with Ceres Power Holdings of the UK

DENSO Corporation recently announced it has signed a manufacturing license agreement with Ceres Power Holdings (CWR.L), a leading developer of clean energy technology, including solid oxide cell stack technology.
DENSO aims to advance the early practical application of Solid Oxide Electrolysis Cells (SOECs) which produce hydrogen through water electrolysis.
Cell stacks are one of the components of SOECs, playing a role in separating steam into hydrogen and oxygen.
DENSO explains Ceres has unique solid oxide technology joining metal and ceramic that leads to high-output performance.
DENSO aims to realise mass production of high-quality cell stacks by utilizing Ceres’ technology with the company’s expertise of ceramic technology it has built in the automotive field, and to achieve the early practical application of SOECs with the company’s system technology including thermal management, system control and so forth.
Hydrogen is one of the leading next-generation energy sources to realise a carbon-neutral society, and its technology development is selected depending on the location, scale and application.
DENSO says it will continue to promote various development of hydrogen utilisation technologies through collaboration with partners both domestically and internationally, contributing to the creation of a carbon-neutral society.
Denso is a Fortune 500 company, headquartered in Kariya in Japan, employing more than 160,000 people in 35 countries and regions worldwide.
It aims to leverage the expertise of system control and thermal management it has built in automotive system development to develop technology in the fields of hydrogen production.
This partnership will enable Denso to produce Ceres’ current and future generations of stack technology under licence, in line with its aim to establish a hydrogen supply chain.
The organisations state that this agreement secures another world-class OEM partner for Ceres with the scale, expertise and resource to manufacture advanced equipment for the growing green hydrogen sectors
The agreement includes significant revenues for Ceres over multiple years, with a similar profile to previous Ceres OEM licences, including licence fees, engineering services and hardware.
It also provides for royalty payments to Ceres on future commercial production and sale to end customers by Denso.

For further information, visit www.ceres.tech

For more on Denso, visit www.denso.com.au