In Japan, Nikkei Asia reported that Eneos and Sumitomo Corp. will produce green hydrogen in Malaysia and export much of it to Japan. The two Japanese companies have signed an agreement with SEDC Energy, a subsidiary of the Sarawak Economic Development Corp. set up by the Malaysian state of Sarawak. They will also consider establishing a special-purpose company with the Malaysian partner, according to the report. Power from hydroelectric plants will be used to electrolyze water to produce the green hydrogen without emitting carbon dioxide. The aim is to produce 90,000 tons a year by 2030, the report added. SEDC Energy will take the lead on power procurement and hydrogen production, with Eneos to provide technical support for the production. Eneos will also contribute proprietary technology for transporting the hydrogen by sea at room temperature. Sumitomo will evaluate project feasibility and financing.
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