On June 13th, ACWA Power and SINOPEC Guangzhou Engineering Co., Ltd. (GPEC) formalized their partnership with the signing of a memorandum of understanding (MoU) in Shanghai, China. The agreement focuses on advancing collaboration in the production of Green Hydrogen and Ammonia.
Signed by Bart Boesmans, Chief Technology Officer of ACWA Power, and Han Weiguo, President of SINOPEC GPEC, the MoU marks a significant milestone, enhancing the existing relationship between the two companies and ushering in a new phase of development.
Their shared goal is to expand and deepen their cooperation across various levels, building upon a foundation of past successful partnerships, while jointly pursuing new opportunities for future growth.
The collaboration aims to strengthen their joint efforts in global green hydrogen and ammonia initiatives, establishing a framework to explore projects worldwide and enhance technological solutions.