Chiyoda Corp. plans to deliver a water electrolysis system, currently under development by Chiyoda and Toyota Motor Corp., for a low-carbon hydrogen production business being conducted by Toyota Tsusho Corp., Eurus Energy and Iwatani Corp. at Aichi Steel Corp.

The project has been certified by the Ministry of Economy, Trade and Industry under the Support Focusing on the Price Gap scheme based on the Hydrogen Society Promotion Act, which supports the use of low-carbon hydrogen, etc. for a smooth transition to a decarbonized growth-oriented economic structure. Chiyoda plans to install the water electrolysis system in Aichi Steel's Chita Factory using a wind power plant owned by Eurus Energy. 

Chiyoda will manufacture and sell water electrolysis equipment using Toyota-manufactured stacks, combining Toyota's fuel cell technologies and cell stack and mass production knowledge with Chiyoda's process plant design expertise and large-scale plant construction capabilities.