HomeRenewable energy ›Hydrexia Energy Signs MoU with Green Solution to Explore Hydrogen Development Projects in Vietnam

Hydrexia Energy Signs MoU with Green Solution to Explore Hydrogen Development Projects in Vietnam

Under the terms of the agreement, both Hydrexia and TGS are committed to partnering closely to explore hydrogen development projects in the Vietnamese local market by leveraging each other's technology and market strengths.

May 11, 2023. By News Bureau

Hydrexia (Malaysia), an international arm of Hydrexia Energy Technology in Southeast Asia, announced that has officially entered a Memorandum of Understanding (MoU) with Green Solution Group (TGS). 

The MoU is intended to provide a framework for a comprehensive business partnership between the two companies geared toward promoting hydrogen technology user applications in the growing hydrogen market in Vietnam.

Under the terms of the agreement, both Hydrexia and TGS are committed to partnering closely to explore hydrogen development projects in the Vietnamese local market by leveraging each other's technology and market strengths. 

The proposed collaboration areas between the two companies include, but not limited to, hydrogen distribution, hydrogen storage, and hydrogen refueling station information management system. 

"We are excited about this partnership with TGS, as it will fully create a win-win dynamic where both companies can fully utilize our competitive strengths to seize business opportunities in a new and fast-growing hydrogen market," says Gorge Gan, CEO of Hydrexia for Southeast Asia. "Partnering with TGS certainly enlarges Hydrexia's business footprint in the Southeast Asia market," Gan continued.

"The collaboration between Hydrexia and TGS is expected to contribute to the growth of the hydrogen economy in Vietnam and accelerate the adoption of hydrogen as a clean energy source." commented Winnie Huynh, Founder & CEO of TGS. With the combined expertise and commitment to sustainability, Hydrexia and TGS are poised to make significant contribution to hydrogen market in the country.

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