Saudi Arabia’sACWA Power, PTT Public Co. Ltd., Thailand’s national integrated energy company, and Electricity Generating Authority of Thailand (EGAT), an electric power related state-owned enterprise, on Nov. 27 announced the signing of a Memorandum of Understanding (MOU) with a view to embark on green hydrogen and derivatives projects that meet Thailand’s domestic energy demand and enable export opportunities.
The targeted hydrogen production is estimated to be around 225,000 mt/y, equivalent to around 1.2 million mt/y of green ammonia, at an estimated investment value of US$7 billion.