Driving Sustainable Innovation: Honda and Nippon Steel's Hydrogen Project in Thailand
Key Ideas
- Honda and Nippon Steel Trading collaborate to research the feasibility of a hydrogen utilization model in Thailand with a 'local production for local consumption' approach.
- The project aims to produce green hydrogen through solar power generation in the Rojana Industrial Park for various applications like stationary fuel cell power stations and FC-powered trucks.
- The joint project, supported by a Japanese government subsidy, aligns with Thailand's energy goals for carbon neutrality by 2050 and aims to create an environmentally-responsible future society.
- The research project includes exploring technical elements, business feasibility, financing options, and market research to achieve widespread use of hydrogen and reduce greenhouse gas emissions.
Honda Motor Co., Ltd. and Nippon Steel Trading Corporation have joined forces to embark on a research project in Thailand focused on establishing a hydrogen utilization model with a 'local production for local consumption' strategy. The collaboration aims to leverage Nippon Steel Trading's industrial park in Thailand and Honda's fuel cell technology to produce green hydrogen through solar power generation within the park. The initiative seeks to promote the use of hydrogen among companies in the industrial park for applications like stationary fuel cell power stations and FC-powered trucks. Supported by a Japanese government subsidy, the project aligns with Thailand's energy policies towards achieving carbon neutrality by 2050. By combining expertise in industrial park management, renewable energy, and FC technology, the project aims to build a hydrogen ecosystem covering the entire process from production to utilization. The research project will delve into technical aspects, business feasibility, financing, and market research to facilitate the widespread adoption of hydrogen and contribute to reducing greenhouse gas emissions.
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Projects
Renewable Energy
Investment
Green Technology
Business Model
Collaboration
Sustainable Development
Carbon Neutrality
Research Project
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