Mitsubishi Heavy Industries, Ltd. (MHI) and Malaysia’s largest power producer, TNB Power Generation Sdn. Bhd. (TNB Genco), signed a Memorandum of Understanding (MoU) to study and exchange information related to clean energy technologies. The MoU will help drive the energy transition in Malaysia and support its goal of achieving carbon neutrality by 2050.
Under the MoU, MHI with support from its power solutions brand, Mitsubishi Power and TNB Genco, will conduct studies that examine three key areas related to clean power generation. These include the hydrogen and ammonia value chain in relation to hydrogen production and supply, logistics, storage, and related infrastructure; low carbon fuel co-combustion technology in thermal plants; and CO2 capture.
The partners will also mutually share experiences and information on the specified areas within the MoU. This could also include technical know-how on advancing cleaner power generation in Malaysia.
The agreement extends the longstanding partnership between MHI, Mitsubishi Power, and TNB Genco, stepping up efforts to achieve net zero emissions by 2050. This aspiration is underpinned by a commitment to reduce 35% of its emissions intensity as well as 50% of its coal generation capacity by 2035.
This MoU follows the Mitsubishi Power Malaysia Technical Seminar 2023 held in January 2023, which involved knowledge-sharing of strategic plans and innovative industry-leading power generation technologies and services to support Malaysia’s energy needs.