Construction Starts Next Month on Vietnam’s First Green Hydrogen Plant
- May 26, 2022
- Posted by: Quatro Strategies
- Category: Cleantech
TSG Green Hydrogen of Vietnam is set to start construction on the country’s first green hydrogen plant next month. The Southeast Asian nation aims to boost use of renewable energy and reduce the share of coal in its energy mix.
TGS Green Hydrogen will build the plant in Vietnam’s southern Ben Tre province, with trial operations due to start from the first quarter of 2023, according to the government.
Hydrogen is labeled as green when it is extracted from water using electrolysis powered by renewable energy. It is one of the most important technologies for the world’s effort to decarbonize industrial production. The technology however, is still expensive and at early stages of development.
The $840 million plant will initially produce 24,000 tonnes of green hydrogen, 150,000 tonnes of ammonia and 195,000 tonnes of oxygen a year. The government said the capacity would more than double in a later stage.
Vietnam, a regional manufacturing powerhouse, wants to nearly double its total installed power generation capacity to 146,000 megawatts by 2030, and prioritize using renewable energy and reducing dependency on coal.
The country made a commitment at the United Nations climate conference in Glasgow (COP26) in November last year to become carbon neutral by 2050.
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