ChloroPlant Secures Major Green Hydrogen Plant Contract in Sarawak, Malaysia

SEOUL, South Korea,March 27, 2025/PRNewswire/ -- Chloroplant Co. Ltd., a member of the Marcon LC group of companies specializing in systems integration and project management in the alternative energy sector, announced today it has secured a contract with H1Hydro Group, aSingapore-based clean energy investment firm, to design, construct, and operate a 10 MW Green Hydrogen plant inSarawak, Malaysia, valued at approximatelyUSD 17 million.

The plant will be constructed using advanced modular technology for optimized efficiency and scalability, with Phase 1 scheduled to commence operations in Q1 2026. The plant will utilize advanced European electrolysis technology, and the hydrogen storage and transportation technologies to be used are currently under discussion with companies from Korea andMalaysia. The expected production cost of hydrogen from this plant is competitive compared to other facilities in theAsia-Pacificregion, ensuring strong competitiveness in the global hydrogen market.

Sarawak, Malaysia, has a long-term vision to become a clean energy hub inAsiaand is actively developing its hydrogen economy ecosystem. Leveraging abundant renewable resources and strategic geographic positioning, theSarawakgovernment is investing heavily in green hydrogen to build sustainable future industries.

This project aims to enhanceSarawak'shydrogen ecosystem, stimulate local economies, and contribute significantly toward global carbon neutrality goals. Rapid progress is expected, and the successful commercialization of Phase 1 in 2026 will facilitate further expansions. Plans include additional expansions and establishing a green hydrogen container distribution business targeting Northeast Asian markets, including Korea andJapan.

Headquartered inSeoul South Korea, with offices inLondonandSingapore, ChloroPlant specializes in the construction and operational management of advanced process plants within the alternative energy and sustainable fuels sectors.

H1Hydro Group leads the global clean energy transition, actively involved in green hydrogen production and distribution globally.

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SOURCE Marcon LC; ChloroPlant Co.Ltd.