Malaysian Property Developer Plans 10GW Green Hydrogen Facility in Sabah
Key Ideas
- LBS Bina Group Berhad is partnering with Invest Sabah Berhad, SAFODA, and Midwest Green to build a 10GW green hydrogen production facility in Kota Marudu, Sabah.
- The consortium plans to utilize solar and wind energy to power 10GW of electrolyzers, aiming to produce over 250,000 tonnes of green hydrogen annually.
- The project is strategically located in an area with high solar irradiance and consistent wind speeds, near seaports for efficient export logistics, showcasing Malaysia's renewable energy potential.
- The initiative is expected to drive economic growth in Sabah, create job opportunities, and position Malaysia as a key exporter of green hydrogen in Southeast Asia.
Malaysian property developer LBS Bina Group Berhad has announced plans to construct a 10GW green hydrogen production facility in Kota Marudu, Sabah. This initiative, in partnership with Invest Sabah Berhad, SAFODA, and Midwest Green, aims to leverage solar and wind energy to power electrolyzers and generate over 250,000 tonnes of green hydrogen annually. The chosen site benefits from high solar irradiance levels and consistent wind speeds, making it an ideal location for renewable energy production. The project's proximity to seaports will streamline export logistics. The companies involved will now conduct land surveys and site inspections to finalize optimal locations, while engaging with local and international stakeholders. Dr. Lim Hock San, Executive Chairman of LBS, sees this project as a significant driver of economic growth and job creation in Sabah. This endeavor reflects Malaysia's potential to emerge as a major green hydrogen exporter in Southeast Asia, given its abundant renewable resources. The development underscores a growing trend of green hydrogen projects in the region, signaling a positive shift towards sustainable energy production and export opportunities.
Topics
Green Hydrogen
Renewable Energy
Investment
Job Creation
Renewable Resources
Economic Growth
Southeast Asia
Export Logistics
Land Surveys
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