Wednesday, April 6, 2022

Black & Veatch, The Green Solutions ink MoU, advancing Vietnam’s green energy production

KUALA LUMPUR, April 5 (Bernama) -- Black & Veatch and The Green Solutions (TGS) have signed a Memorandum of Understanding (MoU) to advance production and supply of green hydrogen and green ammonia in Vietnam.

Specialising in renewable energy project development, manufacturing and services, TGS leads efforts to harness green energy in Vietnam for the manufacture of green hydrogen and green ammonia.

According to a statement, Black & Veatch, a global leader in hydrogen energy development, brings its vast expertise in clean energy technologies and ammonia processing to the project team.

“As an early mover in serving clients across the hydrogen and ammonia value chains, Black & Veatch is eager to partner with sustainability-focused companies like The Green Solutions as we pursue our shared passion for decarbonising energy in Asia by broadening the use of green hydrogen and green ammonia ” said Black & Veatch Executive Vice President & Managing Director, Asia Pacific, Narsingh Chaudhary.

Meanwhile, TGS Founder & CEO, Winnie Huynh said: “The Green Solutions is committed to applying the most advanced technologies in the field of renewable energy in Vietnam. Partnering with Black & Veatch will allow us to adapt global best practices to Asia’s requirements and contribute to the region’s zero-carbon future.”

Hydrogen can be used for power generation, energy storage and advanced transportation solutions. While ammonia, which can be liquified for storage and shipment globally, can be used in multiple energy-intensive industries to produce electricity or other green chemicals.

Under the MoU, Black & Veatch and TGS are targeting to produce 180,000 tonnes of green ammonia and 30,000 tonnes of green hydrogen per year to support regional decarbonisation efforts.

TGS has appointed Black & Veatch to study the production and storage of green hydrogen in Vietnam utilising solar or wind power supplied through the grid.

The study also includes development of a green ammonia production plant as well as plant configuration and technology review, technology evolution risk and tentative mitigation, conceptual design, order of magnitude cost estimates, and levelised cost calculations.

Augustus Global Investments will provide the initial development funding for the project.

More details at www.bv.com.

-- BERNAMA

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