Honeywell has announced the signing of a Memorandum of Understanding (MoU) with The Green Solutions Group Corporation (TGS) for the Tra Vinh Green Hydrogen project, Vietnam’s inaugural green hydrogen plant located in the Mekong Delta. This collaboration will leverage Honeywell’s Battery Energy Storage System (BESS) to reduce costs and carbon emissions while ensuring grid stability from renewable power sources, thus facilitating green hydrogen production at the Tra Vinh plant.
With Honeywell’s expertise in project automation design, management, and energy transition, including BESS, the company aims to assist TGS in integrating renewable energy sources into the green hydrogen facility. The MoU signing, witnessed by Vietnam’s Prime Minister Pham Minh Chinh, occurred in November 2023 at the COP28 United Nations Climate Change Conference in Dubai, UAE.
Ramanathan Valliyappan, Regional General Manager of Honeywell Process Solutions, emphasized the pivotal role of Honeywell’s BESS in the Tra Vinh Green Hydrogen project, highlighting its ability to extend renewable energy from solar farms and wind power, thus enabling continuous green hydrogen production.
Furthermore, Honeywell will offer comprehensive solutions and expertise across the entire hydrogen value chain to support TGS in safe, profitable operations and meeting renewable energy production targets.
Huynh Thi Kim Quyen, Managing Director of TGS, hailed the collaboration as a crucial step toward realizing the Tra Vinh plant’s green hydrogen production goals, underscoring its significance in contributing to Vietnam’s national decarbonization objectives and fostering a cleaner, sustainable future.
Vietnam’s commitment to achieving net zero emissions by 2050 underscores the urgency of initiatives like the Tra Vinh Green Hydrogen project, especially in regions with high solar and wind power potential like the Mekong Delta.
Honeywell’s commitment to carbon neutrality by 2035 aligns with its ongoing efforts to innovate and support customers in meeting environmental and social goals. A significant portion of Honeywell’s 2022 research and development investment was dedicated to ESG-oriented outcomes, reflecting its dedication to sustainability-driven solutions for customers.
