Guofu Hydrogen to Cooperate on 3 MW Pilot Project in Thailand

MT Newswires Live05-27

Jiangsu Guofu Hydrogen Energy Equipment (HKG:2582) said its associated company Hydro Data was exploring expanding its business in Thailand and Southeast Asia with Charoen Energy and Water Asia Company, according to a Wednesday filing with the Hong Kong bourse.

Under the comprehensive energy solutions agreement, CEWA will identify potential data center projects in the selected regions, while Hydro Data will provide customized technical plans and Guofu Hydrogen will supply relevant power generation equipment.

The parties plan to cooperate on a pilot project in Rayong, Thailand, with a designated IT load capacity of 3 megawatts, which could later expand to 100 megawatts in total.

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