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Malaysia-based Malakoff Taps Into Decarbonisation Efforts With Japan's Itochu Corp


Photo Credit: Malakoff Corporation Berhad

Malakoff Corp Bhd, an independent water and power producer, has joined in partnership with Japanese-based corporation, Itochu Corp to conduct a feasibility study on decarbonisation via the utilisation of hydrogen/ammonia in the state of Johor, Malaysia.


The pair signed a memorandum of understanding (MoU) in conjunction with the Asia Green Growth Partnership Ministerial Meeting 2022 Public-Private Forum hosted by Japan’s Ministry of Economy, Trade and Industry (“METI”). The forum’s goal is to disseminate the importance of industry-government-academia efforts, innovation promotion and international cooperation to accelerate pragmatic energy transitions in Asia.


The collaboration will see both parties participate in the development of an ammonia receiving terminal and the decarbonisation of coal-fired power plants owned by Malakoff through ammonia co-firing, and the development of a new combined cycle gas turbine power plant utilising high hydrogen content fuel, subject to the outcome of the Feasibility Study and further discussions between both parties.


Managing director and CEO of Malakoff, Anwar Syahrin Abdul Ajib, said that the collaboration is a testament to Malakoff’s commitment to the United Nation’s Sustainable Development Goals and aligned with the Group’s transformation towards becoming a sustainably conscious organisation.


“The cooperation between Malakoff and ITOCHU demonstrates our focused efforts towards combating climate change through a sustainability-driven action plan by reducing our carbon emissions and advancing the transition to a cleaner energy future.”


The Feasibility Study will be the first step towards potential utilisation of hydrogen/ammonia for the creation of a decarbonised society in line with Malaysia’s pledge to become a carbon neutral nation by 2050 and in conjunction with the Asia Energy Transition Initiative supported by METI.


Malakoff continues to spearhead the Sustainability Agenda through its global best-in-class operations and strong commitment to sustainability and innovation as we accelerate our growth towards becoming a global Renewable Energy and Environmental Solutions player.

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