Cummins and China Petrochemical Corporation announced the formation of a 50:50 joint venture–Cummins Enze (Guangdong) Hydrogen Technology.
The joint venture will accelerate the affordability and availability of green hydrogen through increased technological innovation, research and development, and manufacturing capacity.
Cummins Enze, located in Foshan, Guangdong Province in China, will initially invest $47 million (RMB 300 million) to locate a manufacturing plant to produce proton exchange membrane (PEM) electrolyzers. The plant will initially have a manufacturing capacity of 500 megawatts of electrolyzers per year upon completion in 2023, which will be gradually increased over the next five years to reach one gigawatt of manufacturing capacity per year.
Cummins Enze will also provide a variety of hydrogen generation system solutions to meet diversified application…