Diversified Indian renewable energy company ACME Group and Japan’s comprehensive heavy-industry manufacturer IHI Corporation has signed a Memorandum of Understanding to jointly explore the potential business opportunities of green hydrogen. The intent of this MoU is to jointly study and evaluate potential projects with respect to collaboration opportunities across the green hydrogen and ammonia value chain, including production, handling, transportation, distribution, and power generation.The MoU allows IHI to participate as an investor or take offtake in one or more project of ACME in Oman, India, USA or Egypt. Both the Companies will also explore opportunities to jointly offer a complete integrated solution to customers from green ammonia supply, bunkering and products or solutions for various applications.
Diversified Indian renewable energy company ACME Group and Japan’s comprehensive heavy-industry manufacturer IHI Corporation has signed a Memorandum of Understanding to jointly explore the potential business opportunities of green hydrogen. The intent of this MoU is to jointly study and evaluate potential projects with respect to collaboration opportunities across the green hydrogen and ammonia value chain, including production, handling, transportation, distribution, and power generation.The MoU allows IHI to participate as an investor or take offtake in one or more project of ACME in Oman, India, USA or Egypt. Both the Companies will also explore opportunities to jointly offer a complete integrated solution to customers from green ammonia supply, bunkering and products or solutions for various applications.
