Manies and Hoku Energy Forge Partnership for Green Ammonia & Hydrogen Project in Japan
Key Ideas
- Manies and Hoku Energy have signed an MOU to collaborate on green ammonia and hydrogen projects in Japan, focusing on decarbonization.
- The partnership aims to develop carbon-free energy solutions for industrial players striving for carbon neutrality by 2030.
- Hoku Energy K.K. is actively seeking partnerships with industry players and local communities in Japan for project development.
- The next steps include evaluating and advancing green ammonia and hydrogen projects in Western Japan through feasibility and FEED studies.
Hoku Energy and Manies group have entered into a Memorandum of Understanding (MOU) to jointly work on green ammonia and hydrogen projects in Japan. Manies, an investment firm specializing in next-generation technologies and infrastructure, is focusing on transitioning to decarbonization as part of its medium-term goals. On the other hand, Hoku Energy Group is dedicated to projects in the green hydrogen and ammonia sectors in Asia, aiming to offer carbon-free energy solutions to industrial players aiming for carbon neutrality by 2030. The collaboration between Hoku Energy K.K. and Manies aims to establish partnerships with industry players and local communities to drive project development in Japan, a significant market in this sector. The immediate focus is on evaluating and progressing green ammonia and hydrogen initiatives in Western Japan, with plans to conduct feasibility and front-end engineering design studies in the near future.