- Patriot Hydrogen signs its first deal in Asia.
- Patriot positions itself to address Asia’s demand for renewable energy & hydrogen.
- Project to deliver on the Malaysian biochar shortage.
Patriot Hydrogen has launched in Malaysia with its first of many projects focused on producing renewable energy, biochar, and hydrogen across the country.
The first project will be a strategic Joint Venture between Patriot Hydrogen, a Singapore investment company, and a local Malaysian project developer.
Located in the State of Terengganu, Malaysia, Patriot’s first project in Asia will be 100% renewable and focused on biochar production, wood vinegar, and carbon credits.
The project has secured land, feedstock, and customers for its biochar. All renewable electricity generated will be used for internal power consumption and to provide power to a local mill and facilities used by the plant.
Producing over 1.5 tonnes per day of high-quality biochar, the facility aims to address a biochar shortage in Malaysia via a gasification process using wood waste as the feedstock.
Gasification is a thermochemical process that converts biomass materials such as forest and agricultural waste into syngas that can be used for multiple purposes, including renewable energy, hydrogen, and low-carbon ammonia.
Like the rest of the world, Malaysia is facing challenges regarding climate change and greenhouse gas (GHG) emissions. As an oil-producing country where fossil fuels are the most significant sources of GHG emissions, it is vital for Malaysia to have greener technologies, cleaner fuels, and low carbon emissions due to its high carbon dioxide emissions, fossil fuels depletion, and energy security issues.
Hot off the back of recently signing long-term contracts with a sawmill in Millfield, NSW, for renewable energy generation, this is now Patriot’s third project and its first entry into Asia.
Patriot Chairman Glenn Davies stated, “Patriot’s a dynamic, fast-moving, and agile Company. We have a positive management team that acts swiftly and is committed to turning the Company into a renewable energy and hydrogen powerhouse.”
“To be successful in such a fast-growing industry, you need to have a team around you that is supportive and looks at solutions rather than problems. I believe we have the right leaders to make the Company a huge success,” Davies further added.
Patriot plans to install and commission its first Asia-based renewable energy and biochar plant before Q1 2023.
“We’re finishing the year strong,” Davies says. “We’ve secured funding for our first two projects, signed three deals in the second half of the year, and have a healthy pipeline to take us into 2023.”
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