HDF to collaborate with PESTECH on green hydrogen production from hydro plants in Cambodia and Malaysia
Published by Isabelle Keltie,
Editorial Assistant
Global Hydrogen Review,
HDF Energy has signed a memorandum of understanding (MoU) with PESTECH International Berhad to collaborate on green hydrogen production from hydro power plants in Cambodia and Malaysia in order to address multi sector decarbonation such as grid services and industrial application projects.
Under this MoU, PESTECH, a Malaysian integrated electrical power technology company, will initiate its commitment towards contributing sustainable development through participation in green renewable initiatives. Hydrogen is one of the leading options for storing renewable energy in power generation and can become an alternative fuel or sustainable transportation by providing clean, reliable, safe, convenient and affordable energy.
HDF Energy is accelerating its development in Asia, the MoU recognises its know-how in hydrogen production while its HyPower projects could utilise the hydrogen in some markets.
Paul Lim Pay Chuan, Managing Director and Group Chief Executive Officer of PESTECH, said: “The collaboration with HDF Energy on green hydrogen production is expected to complement and align with the global transition for sustainable energy and net zero emissions in the power supply industry.”
Damien HAVARD, CEO at HDF Energy commented: “HDF Energy is glad to collaborate with PESTECH on hydrogen production while accelerating its development in Asia to accompany sustainable development.”
In addition, aNew Energy Pte. Ltd. (aNew), a Singapore based green energy specialist firm, who acts as an advisor to PESTECH, played a pivotal role in bringing the parties together and working towards collaboration on the Projects. aNew sees the benefits of such collaboration on Hydrogen projects starting with Malaysia and Cambodia as a key step to achieving decarbonisation, promoting green employment and investment for South East Asia.
For more news and technical articles from the global hydrogen sector, read the latest issue of Global Hydrogen Review magazine.
Global Hydrogen Review's Spring 2022 issue
The inaugural issue of Global Hydrogen Review is full of detailed technical articles and case studies exploring the entire spectrum of hydrogen production and its applications worldwide. This issue covers a range of topics including the current status of blue hydrogen, how cryogenic technology is helping to shape the energy transition, and integrity management of hydrogen pipelines. Other features include green hydrogen, simulation, transportation, compressor technology, and much more.
Read the article online at: https://www.globalhydrogenreview.com/hydrogen/25052022/hdf-to-collaborate-with-pestech-on-green-hydrogen-production-from-hydro-plants-in-cambodia-and-malaysia/
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