NanoMalaysia's Collaboration with Fortescue: Propelling Malaysia towards a Green Hydrogen Future
Key Ideas
- NanoMalaysia and Fortescue signed an MOU to collaborate on research and development in Malaysia's green hydrogen industry, aiming to propel Malaysia to be a leading Hydrogen Economy country by 2050.
- The collaboration will focus on the 'build-some, buy-some' approach to develop a complete ecosystem for low-cost hydrogen production, leveraging international partnerships and local technology development.
- The partnership also includes plans to establish Hydrogen Hubs in Malaysia and a Centre of Excellence where technological expertise exchange will take place, driving the growth of the hydrogen economy.
- NanoMalaysia's Hydrogen EcoNanoMY program under the 12th Malaysia Plan has made significant strides in developing local hydrogen technology solutions, strengthening Malaysia's position in the Asia Pacific's green hydrogen sector.
NanoMalaysia Berhad (NMB) and Fortescue, Australia's leading integrated green technology company, have signed a Memorandum of Understanding (MOU) to collaborate on research and development in Malaysia's green hydrogen industry. The collaboration aims to propel Malaysia towards becoming a leading Hydrogen Economy country by 2050, aligning with the Hydrogen Economy and Technology Roadmap launched by the Ministry of Science, Technology and Innovation (MOSTI). The 'build-some, buy-some' approach will be adopted to develop a complete ecosystem for low-cost hydrogen production, combining international partnerships with local technology advancements. Partnerships with companies like Fortescue will be instrumental in achieving this goal. The collaboration also includes plans to establish Hydrogen Hubs in Malaysia and a Centre of Excellence named HEBATT to facilitate technological expertise exchange. NanoMalaysia's Hydrogen EcoNanoMY program has been pivotal in advancing local hydrogen technology solutions, focusing on areas like solid-state hydrogen production and energy storage systems. This program has laid the foundation for Malaysia to strengthen its position in the green hydrogen sector in the Asia Pacific region. The MOU signing ceremony was witnessed by YB Tuan Chang Lih Kang, the Minister of Science, Technology and Innovation, further highlighting the government's support for Malaysia's green hydrogen initiatives.
Topics
Oceania
Innovation
Sustainability
Investment
Research And Development
Partnership
Technology Development
Energy Solutions
Ecosystem
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