The company is collaborating with Korean fuel cell and hydrogen solution provider Doosan Fuel Cell and Doosan-owned US-based HyAxiom to jointly explore fuel cell opportunities.
Oracle Energy will ensure that sufficient green hydrogen supply is available for each phase of the project. Potential uses for the hydrogen include conversion to liquid hydrogen or ammonia, or use in Doosan fuel cells for power generation.
The development programme aims to provide sustainable power to the region’s heavy industry, which is currently suffering from critical gas shortages. Under the MoU, the companies will evaluate the levelised cost of electricity generated by the fuel cells and set up a joint fuel cell development programme. They will also explore Pakistan’s domestic market for industrial power generation.
Pakistan’s green hydrogen project is being developed in a ‘designated wind corridor’ in the province of Sindh and is expected to deploy 500MW of wind power, 700MW of solar PV and battery storage to produce 55,000t/y of high-purity green hydrogen.
Oracle Energy’s parent, Oracle Power, signed a strategic MoU with China Electric Power and Technology (CET) earlier this month to accelerate development of the project.
Naheed Memon, chief executive of Oracle Power, said the collaboration set up another potential market for the green hydrogen project. She said the partners would “work towards establishing a prototype industrial power unit to provide power to large-scale industry”, which she described as a significant move towards a sustainable energy transition in Pakistan and globally.
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