Japan’s energy company JERA has signed a Memorandum of Understanding (MoU) with the Philippines’ Aboitiz Power Corporation, a subsidiary of a conglomerate group Aboitiz Equity Ventures, to commence a joint study on ammonia co-firing for the decarbonisation of Aboitiz Power’s business.
More specifically, under the MoU, the companies will study the feasibility of ammonia co-firing in coal-fired power plants in which Aboitiz Power has been investing as well as the development of hydrogen and ammonia supply chain in the Philippines for the decarbonisation of Aboitiz Power.
JERA said it will contribute to the growth and development of the Philippines and the world, especially Asia, by providing a clean energy platform that combines renewables and low greenhouse gas thermal power.
In 2021, JERA invested in Aboitiz Power with plans to implement multiple clean energy projects.
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