ABB and PERIC join forces to develop the future of efficient hydrogen generation technology.
ENPNewswire-September 29, 2021--ABB and PERIC join forces to develop the future of efficient hydrogen generation technology
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Release date- 27092021 - ABB and China's leading manufacturer of hydrogen generation technology sign Memorandum of Understanding to accelerate the widespread adoption of hydrogen as an energy source.
Both companies will explore how integration of ABB's automation, electrification and digital solutions with PERIC's electrolyzers can help reduce hydrogen generation costs in the future
PERIC Hydrogen Technologies Co., Ltd., a company headquartered in China with over 60 years of history in supplying products and technologies for hydrogen generation, looks to further enhance its capabilities to manufacture highly efficient electrolyzers - systems that generate hydrogen by using electricity to split water into hydrogen and oxygen.
Demand for hydrogen, which has grown more than threefold since 1975, continues to rise. According to the International Energy Agency, clean hydrogen is currently enjoying unprecedented momentum, with the number of policies and projects around the world expanding rapidly. Scaling up technologies and bringing down costs of production is vital to enable hydrogen to become widely used.
The collaboration between ABB and PERIC will comprise ongoing consultation relating to the development of joint solutions and/or the integration of complementary technologies that will optimize efficient green hydrogen generation. The aim is for a detailed action plan and specific agreement to be defined within three months following the signature of the MoU.
PERIC will integrate an extensive scope of ABB's automation, electrification and digital solutions into the project and bring ABB in on the initiatives where specific ABB technology can be included, such as rectifiers, distributed control systems, energy management, advanced analytics, instrumentation and telecommunication.
'It is critical for hydrogen to be generated as efficiently as possible. ABB's energy management technologies, combined with their automation, electrification and digitalization solutions, will help us find the best way to boost the efficiency of our own operations, which, in turn, will help minimize the cost of hydrogen production,' said Mr. Zhang Yuguang, General manager, PERIC.
ABB's integrated approach will play a key role in helping PERIC optimize energy use throughout the plant, thus...
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