19 October 2023
Bekaert and Toshiba sign MoU to develop global partnership around MEA for PEM electrolysis
Driven by the opportunities arising from the energy transition and decarbonization trends, Bekaert and Toshiba Corporation’s energy arm, Toshiba Energy Systems & Solutions Corporation (Toshiba ESS), are accelerating their growth strategies in renewable energy markets, particularly in green hydrogen production utilizing Hydrogen Production Technology with Reduced Iridium developed by Toshiba.
Recently Yves Kerstens, CEO of Bekaert, welcomed Taro Shimada, President and CEO of Toshiba to the Bekaert Headquarters in Zwevegem, Belgium, and they discussed cooperation opportunities in green hydrogen electrolysis technologies. Bekaert and Toshiba ESS signed a Memorandum of Understanding to formalize their commitment in developing a partnership by the end of this year. Both parties agreed to study the possibility of a global partnership to jointly develop the production and sales of MEAs by leveraging their technological, manufacturing and commercial network strengths.