PETRONAS in green ammonia pact with Japan's IHI


PETRONAS’ wholly-owned clean-energy solutions subsidiary, Gentari Hydrogen Sdn Bhd, had inked a memorandum of understanding with Japan's IHI for the proposed venture.

PETALING JAYA: Petroliam Nasional Bhd (PETRONAS) has tied up with Japan-based heavy-industry manufacturer IHI Corp Ltd to evaluate the feasibility of leveraging the abundant solar resources of Malaysia for the production and sales of green ammonia derived from renewable energy sources.

In a statement yesterday, IHI said PETRONAS’ wholly-owned clean-energy solutions subsidiary, Gentari Hydrogen Sdn Bhd, had inked a memorandum of understanding (MoU) with IHI for the proposed venture.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
PETRONAS , MoU , IHI , Gentari , solar , greenammonia

Next In Business News

Silver Ridge independent director Ong Chin Yee passes away
Asian stocks rise on chipmaker optimism, currencies tick up
No govt bailout discussions for AirAsia
Sunway Healthcare breaks ground on RM800mil hospital in Johor
Fernandes rubbishes claims AirAsia needs government aid
TMK Chemical to acquire CCM for RM939.9mil
Gold edges higher on lower oil prices, subdued dollar
Deeper Sino-Asean ties promise tangible benefits
AirAsia's Fernandes says travel demand remains strong, current crisis 'far' less severe than Covid
Bank of Japan lifts rates to 31-year high, two board members dissent

Others Also Read