Samsung Engineering team eyes hydro supply for huge H2 project in Malaysia
Image by AEW Energie AG.
September 9 (Renewables Now) - A tie-up of five companies has signed a Memorandum of Understanding (MoU) for studies to secure at least 900 MW of hydropower supply for a large-scale green hydrogen and ammonia project in Malaysia with targeted exports to South Korea.
The pact was signed on Thursday by South Korean construction group Samsung Engineering Co Ltd (KRX:028050), Malaysia’s SEDC Energy and utility Sarawak Energy Berhad, South Korean steelmaker Posco Holdings (KRX:005490) and chemical group Lotte Chemical. Their goal is to study the potential of supplying hydro-based renewable power and transmission infrastructure for the H2biscus green hydrogen and ammonia scheme in Sarawak.
The project should enable the production of 7,000 tonnes of green hydrogen per year, 600,000 tonnes of blue ammonia, 630,000 tonnes of green ammonia and 460,000 tonnes of green methanol. This entire output is planned to be exported to South Korea.
A feasibility study for the H2biscus project is due to commence this year. Provided that the outcome is positive, commercial production will be pursued by end-2027.
Veselina Petrova is one of Renewables Now's most experienced green energy writers. For several years she has been keeping track of game-changing events both large and small projects and across the globe.