Petroliam Nasional Bhd (PETRONAS) has tied up with Japan-based heavy-industry manufacturer IHI Corp Ltd to evaluate the feasibility of leveraging the abundant solar resources of Malaysia for the production and sales of green ammonia derived from renewable energy sources.
Japan's IHI corporation, a heavy-industry manufacturer, has made a step forward in cultivating carbon solutions by investing in Starfire Energy, an American carbon-free ammonia technology developer, and partnering up with ANGEL NAVI, a Japanese investment support firm.
As world leaders gather in Sharm El Sheikh, Egypt at the 2022 United Nations Climate Change Conference, commonly referred to as COP27, supporting clean energy transitions remain central.