AFC Energy has executed a Heads of Agreement with Bangkok Industrial Gas (BIG) for 10mW of Fuel Cell Development in Thailand – with the first 2mW to be installed by the end of 2016.
The Heads of Agreement establishes a framework for the assessment and deployment of an initial 10MW of fuel cell capacity utilising surplus hydrogen from BIG owned hydrogen pipelines and related facilities in the Rayong Province of Thailand. The Rayong province is a high consumer of energy; the ability to utilise surplus hydrogen from BIG to create a new, clean source of energy for the region is fully consistent with the Thai Government’s policy of clean energy development and facilitating the deployment of new and innovative technologies within the country’s energy mix.
BIG and AFC will, over the next few months, be actively evaluating the possibility for a successful deployment of the AFC fuel cells into the Rayong Province through initial techno- economic feasibility studies before committing any capital expenditure to the projects.
BIG and AFC have agreed an indicative (cumulative) programme of fuel cell deployment in accordance with the following schedule:
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