Sembcorp, Japan form strategic partnerships in low-carbon hydrogen sector

Subscribe to our newsletter and get the latest news and business opportunities in your inbox

Sembcorp Industries (Sembcorp) has signed multiple memoranda of understanding (MoU) with the government of Japan and a number of businesses in order to advance efforts involving hydrogen and other forms of decarbonization. In all partnerships, the hydrogen supply chain will be a key area of focus.

Sembcorp is in a good position to help the Singapore government's recently unveiled strategy to develop hydrogen as a significant decarbonization pathway because it is a major generator of renewable energy and the largest importer of natural gas in Singapore. With the cooperation struck today, Sembcorp will be able to use and access Japan's highly developed technology for developing and deploying hydrogen.

The partnerships formed include:

  • An MOU with the Japan Bank for International Cooperation (JBIC), for JBIC to support projects developed by Sembcorp and Japanese companies, with a focus on green hydrogen and ammonia.
  • An MOU with Sojitz Corporation (Sojitz) to partner on new renewable energy projects, including green hydrogen production, battery energy storage systems, and net zero industrial parks, in Asia Pacific.
  • An MOU with IHI Corporation (IHI) to collaborate on an integrated green ammonia supply chain, both upstream and downstream.
  • Advancing the development of hydrogen imports via methylcyclohexane, a type of liquid organic hydrogen carrier, with the commencement of Pre-FEED studies. This is a key milestone under the MOU with Mitsubishi Corporation (Mitsubishi) and Chiyoda Corporation (Chiyoda) signed in October 2021.
List of the country updates

Country updates

  • October 04, 2022

    Pierfront Capital announces final close of Keppel-Pierfront Private Credit Fund

    Pierfront Capital Fund Management Pte. Ltd. (Pierfront Capital) has announced the final close of the Keppel-Pierfront Private Credit Fund with US$700 million of investable capital raised from glo...

    Read more
  • August 25, 2022

    Keppel to acquire majority stake in Singapore waste business

    Keppel Asia Infrastructure Fund LP (KAIF) and Keppel Infrastructure Holdings Pte Ltd (Keppel Infrastructure) have announced their joint acquisition of an 80% interest in a Singaporean environmental se...

    Read more
  • July 28, 2022

    Asia Infrastructure Forum (AIF) 2022

    Asian Infrastructure Forum (AIF) 2022 will take place on the 2-3 August 2022

    Read more
  • July 26, 2022

    First close for ESR Data Centre Fund 1

    The ESR Group Limited has announced that it has achieved a US$1 billion first close for the Data Centre Fund 1, dedicated to the development of the data center business.  To co-invest in th...

    Read more
  • July 20, 2022

    Keppel Data Centre Fund II to develop data center in Greater Beijing

    Keppel Data Centre Fund II LP (KDCF II) has joined hands with Heying to co-develop a greenfield data centre in Greater Beijing, China.  KDCF II is a private fund focused on making stra...

    Read more

Share this update