MHI and TNB Genco sign clean energy MOU to drive decarbonisation
By Sustainability Matters June 19, 2023
- Agreement covers hydrogen infrastructure and CO2 capture
- Helps accelerate net-zero goals and 50% reduction in coal generation by 2035
Mitsubishi Heavy Industries, Ltd. (MHI) and TNB Power Generation Sdn. Bhd. (TNB Genco), have signed a Memorandum of Understanding to study and exchange information related to clean energy technologies. Under the MoU, MHI with support from its power solutions brand, Mitsubishi Power, and TNB Genco will conduct studies that examine three key areas related to clean power generation.
The first area of study involves the hydrogen and ammonia value chain in relation to hydrogen production and supply, logistics, storage and its related infrastructure. The other two areas are low carbon fuel co-combustion technology in thermal plants; and CO2 capture. These efforts are expected to help drive the energy transition in Malaysia and support its goal of achieving carbon neutrality by 2050, underpinned by a commitment to reduce 35% of its emissions intensity as well as 50% of its coal generation capacity by 2035.
“Mitsubishi Power has been actively involved in Malaysia’s power generation projects since the 1960s. We look forward to extending our support and strengthening partnership with TNB Genco to jointly explore capabilities around innovative energy technologies that help accelerate the country’s net zero emission goals. This MoU reaffirms our continued commitment to develop technologies that help our partners in Malaysia and across APAC deliver a sustainable future”, said Akihiro Ondo, Managing Director and Chief Executive Officer, Mitsubishi Power Asia Pacific.
This MoU follows the Mitsubishi Power Malaysia Technical Seminar 2023 held in January 2023, which involved knowledge-sharing of strategic plans and innovative industry-leading power generation technologies and services to support Malaysia’s energy needs.
The partners will also mutually share experiences and information on the specified areas within the MoU. This could also include sharing experiences and technical know-how on advancing cleaner power generation in Malaysia.
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