Thai-based Ronitron has entered into a Memorandum of Understanding (MoU) with AIF Group to advance the production of green hydrogen in the country.
According to the Bangkok Post, the two companies will spearhead a project worth 100bn baht ($2.69bn), leveraging solid oxide electrolyser cell (SOEC) technology with renewable energy sources.
Ronitron aims to become a global provider of green energy and has partnered with the Fintechinno Group of Companies to develop a robust Carbon Credit Management System to position the company as a potential ‘EnergyTech Unicorn’ in the Asian green energy sector.
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