Hydrogène de France (HDF Energy), a leading force in large scale green hydrogen infrastructure and high-power fuel cell manufacturing, has signed a Memorandum of Understanding (MoU) with the Philippines’ Department of Transportation (DOTr), witnessed by the Mindanao Development Authority (MinDA). This strategic partnership aims to accelerate the deployment of HDF’s Renewstable® hydrogen power plants in the country, delivering continuous, renewable electricity to public power grids and producing green hydrogen to help decarbonize heavy maritime and rail transport.
Under the MoU, the parties have committed to facilitating the exchange of information and collaboration necessary for the development of green hydrogen infrastructure in provinces where HDF Energy Philippines will develop, construct, and operate its hybrid Renewstable® power plants, presenting a green alternative to conventional diesel fuel power plants. The distinctive feature of these plants lies in their ability to provide baseload non-intermittent renewable power, day and night, to the provinces’ electric grids, by combining an intermittent renewable energy source (solar or wind) with substantial on site energy storage in the form of green hydrogen.
Thanks to economies of scale, HDF Energy can produce additional green hydrogen, at an optimized marginal cost as fuel for HDF’s high-power fuels cells that could propel future hydrogen-powered maritime vessels and locomotives, supporting the Philippine’s transition to sustainable transportation.
HDF Energy is advancing the development of up to 15 Renewstable® power plants across the country, representing a potential investment of USD 1.5billion. In 2024, HDF Energy reached a significant milestone by signing a MoU with the Department of Energy and the Mindanao Development Authority.
Photo by: Embassy of France to the Philippines and Micronesia
Press release https://tinyurl.com/48arbxxa
