THE Department of Energy (DoE) has signed a memorandum of understanding (MoU) on Wednesday with Tokyo-based firm Hydrogen Technology, Inc. (HTI) to explore the potential of hydrogen as a possible source of power for the country’s energy needs.
In a press release issued on Thursday, DoE Secretary Alfonso G. Cusi said that the MoU will “fast track” the country’s research and development activities for hydrogen power.
The agreement allows the DoE and HTI to team up in “investigating hydrogen production in the Philippines to make the country energy-independent while significantly reducing the country’s carbon dioxide emissions.”
Mr. Cusi was hopeful that HTI would be able to bring its technology into the country as the deal was signed.