FuelCell Energy and MHB Partner to Develop Hydrogen Production Facilities in Asia-Pacific Region
Key Ideas
- FuelCell Energy and MHB signed a Joint Development Agreement to co-develop large-scale hydrogen production systems and technologies across Asia, New Zealand, and Australia.
- The collaboration aims to support a Detailed Feasibility Study for a low-carbon fuel production facility in Malaysia utilizing solid oxide electrolysis technology.
- The project aligns with Malaysia's goal to achieve net-zero carbon emissions by 2050 and advance its national hydrogen value chain, contributing to global decarbonization efforts.
- CEOs of both companies expressed enthusiasm for the partnership, highlighting the potential for scalable solutions that drive progress in the energy transition towards a cleaner, low-carbon future.
FuelCell Energy and Malaysia Marine and Heavy Engineering Sdn Bhd (MHB) have formed a partnership to develop hydrogen production facilities in the Asia-Pacific region. The collaboration, initiated with a memorandum of understanding in 2023, has now advanced to a Joint Development Agreement. This agreement will facilitate a Detailed Feasibility Study for a low-carbon fuel production facility using solid oxide electrolysis technology in Malaysia. The project aims to produce low-carbon fuel from carbon dioxide and water feedstocks. The partnership aligns with Malaysia's ambition to achieve net-zero carbon emissions by 2050 and strengthen its hydrogen value chain. The CEOs of both companies have expressed optimism about scaling up their efforts and delivering impactful solutions for the energy transition. FuelCell Energy's expertise in SOEC technology combined with MHB's fabrication capabilities signal a significant step towards enhancing clean energy production and supporting global decarbonization goals. This collaboration underscores a joint commitment to advancing sustainable energy solutions and driving progress towards a more environmentally friendly future.
Topics
Production
Clean Energy
Technology
Sustainability
Investment
Partnership
Decarbonization
Collaboration
Global Market
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