Ceres has signed a license agreement to see its solid oxide electrolysers (SOEC) technology for hydrogen production manufactured by an unnamed OEM based in the Asia-Pacific (APAC) region.
Under the global long-term license agreement, the unnamed company will provide Ceres with the “scale, expertise and resource” required to manufacture SOEC equipment. The deal will also ensure revenues for license fees, engineering services and hardware over multiple years.
The agreement will deliver royalty payments to Ceres on future commercial production and sale of SOEC equipment to end customers by the partner. H2 View understands that further details will be revealed next month.
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