(PRNewswire)--H2 has been one of the leading options for substituting carbon-intensive fuels, and countries around the world have begun efforts to advance research into utilizing H2 as a source of energy. Carbon Governance Pte Ltd, a green energy project development company based in Singapore, recently signed a MoU with a local partner company in Bintan, Indonesia, for a long-term lease of land to develop a solar-based green H2 production and export facility.
The solar farm will use high efficiency bi-facial solar panels and is estimated to produce adequate and reliable power to run the electrolyzers with a planned production capacity of 30,000 kg/d of green H2. The green H2 will be exported to neighboring countries where demand is expected to increase exponentially in the next few decades. Ambitious green policy targets of regional countries have also contributed to the expected rise in demand, aligned with emission goals set during COP26, held in 2021.
"Hydrogen production is enjoying unprecedented momentum globally, matching a rapidly growing demand for hydrogen as a replacement for traditional sources of energy. Carbon Governance believes that hydrogen will soon become the next primary energy source for countries, and this project is the first pragmatic step towards making green hydrogen commercially attractive," said Ms. Cheryl Goh, Executive Director of Carbon Governance.
Feasibility studies have been completed and the preliminary engineering design process has commenced. The partner selection process for electrolyzer technology will be initiated in January 2023. Dr. Muthu Chezhian, CEO of Carbon Governance said, "The key to success is through improved understanding and optimization of performance, reliability, and durability of the selected electrolyzer technology under varying dynamic conditions. Our target is to reduce the capital cost of the electrolyzer unit while improving energy efficiency for converting solar power to hydrogen over a wide range of operational scenarios." He further commented, "Nearly 7,500 fuel cell electric vehicles could be fueled per day by our Bintan Green Hydrogen plant. Other major applications include, blending of green hydrogen with natural gas for power generation, which significantly reduces the carbon footprint of the power plant."
The Bintan green H2 project is expected to reach FID in the fourth quarter of 2023, and the export of green H2 to Southeast Asia is expected to commence in the first quarter of 2027.