Black & Veatch Studies Feasibility of Green Hydrogen, Infrastructure Development to Advance Energy Transition in Malaysia [Yahoo! Finance]
TENAGA NASIONAL BERHD ADR (TNABY)
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Source: Yahoo! Finance
KUALA LUMPUR, Malaysia, June 05, 2024 BUSINESS WIRE Black & Veatch , a global leader in critical infrastructure solutions, will study green hydrogen commercialization pathways as part of efforts to realize Malaysia's low-carbon energy ambitions. Malaysia energy companies Tenaga Nasional Berhad (TNB) and PETRONAS have appointed Black & Veatch to conduct the study. "Securing viable off-takers for green hydrogen is a key factor that affects the bankability of hydrogen developments. With Malaysia's abundant renewable resources including solar and hydropower, this feasibility study has the potential to shape the development of a hydrogen economy in Malaysia over the next decade," said Jerin Raj, Director, South & Southeast Asia, Taiwan, Black & Veatch. "Black & Veatch has been working with hydrogen and ammonia production for over 80 years. Since developing the first hydrogen power generation conversion project and the first major hydrogen fueling station in the United States, the co
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