CHARBONE Hydrogen Corporation Partners with Green Hydrogen ASIAPAC for Sustainable Production Facility in Malaysia
Key Ideas
  • CHARBONE Hydrogen Corporation has executed a Master Collaborative Agreement with Green Hydrogen ASIAPAC to support the development of a dihydrogen Ultra High Purity production facility in Malaysia, following a modular and scalable model.
  • The agreement involves CHARBONE providing expertise in various project development areas, such as site selection, engineering, and financing, with the aim of creating a sustainable ecosystem for hydrogen production in Malaysia and potentially the Asia-Pacific region.
  • CHARBONE will diversify its revenue stream through collaborative agreements like the one with Green Hydrogen ASIAPAC, with plans to replicate similar partnerships in different regions globally.
  • Both companies have expressed enthusiasm for the partnership, with a shared vision of accelerating the adoption of green hydrogen in Malaysia and the wider Asia-Pacific region, contributing to clean energy transition and positioning themselves in the emerging green hydrogen economy.
CHARBONE HYDROGEN CORPORATION, based in Brossard, Quebec, has entered into a Master Collaborative Agreement with Green Hydrogen ASIAPAC SDN BHD to support the establishment of a dihydrogen Ultra High Purity production facility in Malaysia. This collaboration aims to leverage CHARBONE's modular and scalable model to create a sustainable ecosystem for hydrogen production, not only in Malaysia but potentially across the Asia-Pacific region. The agreement involves CHARBONE sharing its expertise in various project development aspects and monetizing its knowledge gained over the last five years. In return, CHARBONE will receive a one-time fee that can be invested in the project, reinforcing its commitment to sustainable energy initiatives. Both companies have expressed confidence in the partnership, emphasizing a collective goal of accelerating the adoption of green hydrogen in Malaysia and the broader Asia-Pacific region. The collaborative approach is seen as a blueprint for future developments in the green hydrogen sector. Dave Gagnon, President and CEO of Charbone, highlighted the strategic importance of entering the Asia-Pacific market, citing it as one of the most promising for hydrogen. Kamshul Kasim, Executive Chairman of Green Hydrogen ASIAPAC, expressed excitement about the collaboration, emphasizing the alignment of CHARBONE's decentralized approach with their vision for sustainable hydrogen production. The partnership signifies a significant step towards contributing to Malaysia's clean energy transition and establishing a strong presence in the green hydrogen economy of the region.
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