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Cummins and Sinopec Group formed a 50:50 joint venture, Cummins Enze, in Foshan, China, to manufacture PEM electrolyzers. The JV will invest $47 million initially, with a plant capacity of 500 MW per year by 2023, scaling to 1 GW.
“This joint venture brings together Cummins’ and Sinopec’s innovative spirits and pursuit of a more sustainable tomorrow, enabling a carbon-free economy.”hydrogen-central.com
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