Should it be confirmed to be commercial and technically feasible, the H2biscus project is expected to greatly contribute to the achievement of the Korean carbon neutrality goal and vitalization of the hydrogen economy.
In addition, the completion of the H2biscus project feasibility study is anticipated within this year and the goal of commercial production is set by the end of year 2027. Under the MoU signed today, the five companies will jointly study the power supply capacity and facilities such as substations and transmission infrastructure that would be required to supply the project. Moreover, the event was witnessed by The Right Honourable Datuk Patinggi (Dr.) Abang Haji Abdul Rahman Zohari bin Tun Abang Haji Openg, Premier of Sarawak, Datuk Lim Juay Jin, Ambassador of Malaysia to Korea and Park Il-jun, the Industry and Energy 2nd Vice Minister to Korea. Datu Haji Sharbini Suhaili, LOTTE CHEMICAL CEO Jin-Koo Hwang and and POSCO Holdings Head of the Green Materials & Energy Business Team & Senior Executive Vice President Byeong-og Yoo. Tan Sri Datuk Amar Dr Haji Aziz bin Husain, SEDC Energy CEO Encik Robert Hardin, Sarawak Energy Group Berhad CEO YBhg. The five companies signed the MoU at LOTTE HOTEL WORLD in Jamsil, Seoul on September 7th and the event was attended by Samsung Engineering CFO & Executive Vice President Ju-Seong Cheong, SEDC Chairman Ybhg. Today’s MoU builds upon the earlier MoU signed between Samsung Engineering, LOTTE CHEMICAL, and POSCO Holdings with SEDC Energy for the H2biscus project earlier this year. Samsung Engineering, one of the world’s leading Engineering, Procurement, Construction and Project Management companies with SEDC Energy and Sarawak Energy Berhad, LOTTE CHEMICAL, and POSCO Holdings today jointly announced the signing of a Memorandum of Understanding to study the potential of suppling at least 900MW of hydro-based renewable power for the H2biscus Green Hydrogen/Ammonia project (H2biscus project) in Sarawak, Malaysia.
08-09-2022 Samsung Engineering, SEDC Energy and Sarawak Energy Berhad study providing renewable power to H2biscus project
0 kommentar(er)
