Hermes Cooperation Co. Plans Green Hydrogen Electricity Project in Thailand
Key Ideas
- Hermes Cooperation Co. is partnering with a US company to conduct a feasibility study for a green hydrogen-derived electricity project in Chon Buri, Thailand.
- The project aims to generate 200 megawatts of electricity to serve tech companies investing in data centres and cloud services in the new industrial estate.
- Thailand's initiative aligns with attracting tech firms like Google and Microsoft, supporting their commitment to carbon neutrality through renewable energy.
- The government's approval of investment projects in data centers and cloud services reflects a growing interest in clean energy and sustainable development.
Hermes Cooperation Co, a subsidiary of SNC Former Plc in Thailand, is planning a green hydrogen-derived electricity project in Chon Buri. Partnering with a US company, the firm aims to develop a power plant fueled by green hydrogen to serve tech companies interested in investing in data centers and cloud services at the new industrial estate. The project involves using water treated under reverse osmosis technology to produce green hydrogen, which will be used to generate 200 megawatts of electricity. With the government's invitation to tech firms like Google and Microsoft to expand in Thailand, Hermes sees an opportunity in clean energy development. The Board of Investment has approved 37 investment projects, amounting to 98.6 billion baht, reflecting a significant interest in renewable energy and sustainable development in the region.
Topics
Green Hydrogen
Renewable Energy
Clean Energy
Investment
Sustainable Development
Technology Firms
Industrial Estate
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