Chiyoda Corporation and Toyota Jointly Developing Large-scale Electrolysis System
Toyota City, Japan, Feb 5, 2024 - (JCN Newswire) - Chiyoda Corporation and Toyota Motor Corporation have agreed to jointly develop a large-scale electrolysis system and construct a strategic partnership and have signed a basic agreement on cooperation.
- Toyota City, Japan, Feb 5, 2024 - (JCN Newswire) - Chiyoda Corporation and Toyota Motor Corporation have agreed to jointly develop a large-scale electrolysis system and construct a strategic partnership and have signed a basic agreement on cooperation.
- The production and mass production technologies for electrolysis cell stacks using the fuel cell technology held by Toyota and the processing plant design technologies and large-scale plant construction technologies held by Chiyoda will be brought together to develop a large-scale electrolysis system that can be competitive.
- Specifically, the goal is to develop an electrolysis system with high hydrogen production efficiency while being the world's smallest in size.
- With the signing of this basic agreement on cooperation, the introduction of an electrolysis system in Hydrogen Park at the Toyota Honsha Plant will start in FY2025.