INNIO and B.Grimm Partner for Power Projects

- Advertisement -

INNIO recently announced the signing of a Memorandum of Understanding (MoU) with B.Grimm Power to collaborate on the construction of a new power plant project in Thailand. B. Grimm has a long history in Thailand’s private power generation industry. The Memorandum of Understanding (MoU) has laid out a framework for a collaboration of the two companies to build projects in the period 2022 to 2024 within the liquified natural gas (LNG) and natural gas segment. In the Memorandum of Understanding (MoU) INNIO and B. Grimm are exploring the development of decentralised and efficient power plants. The two companies are working on jointly developing the LNG and natural gas segment in Thailand with the possibility of future undertakings. B.Grimm Power (B.Grimm’s subsidiary) currently delivers more than 2.8 GW of power to Thailand.

“INNIO is pleased to enter into this collaboration with B.Grimm to explore power generation options to secure a stable and reliable power supply in Thailand,” said Dr Olaf Berlien, president and CEO of INNIO. “Our flexible power plant solutions and Ready for Hydrogen technology coupled with B.Grimm Power’s presence in the country offers Thailand both the expertise and scale to support its aim to reduce carbon emissions under the COP 26 commitment of the United Nations and to transition to net zero.”

“As Thailand has increased its climate change commitments, we are now aiming to reduce carbon emissions with the support of companies that can provide proven expertise in highly efficient green technology, such as INNIO,” said Dr Harald Link, Chairman of the Board of B.Grimm. “As Thailand’s electrical energy demand continues to grow, it will require power generation technologies that run not only on natural gas but also on future fuels such as hydrogen and deliver sustainable grid support as well for the higher share of fluctuating renewable power like sun and wind in our portfolio.”

- Advertisement -

 

- Advertisement -

Most Popular Articles

Nishchay Pandey
Nishchay Pandey
Bioengineer with a knack for writing, I love IoT, Open-source and creativity.

LEAVE A REPLY

Please enter your comment!
Please enter your name here
Captcha verification failed!
CAPTCHA user score failed. Please contact us!

Exclusive

AI Startup Funding Drops 10% YoY In 2023

0
With total investment falling by 10%, 2023 recorded AI startup backing of $42.5 billion, a decline after hitting the peak in 2021 as per...

Electric 2-Wheelers May Cost Less Than ICE Models in 4-5 Years: Report

0
In a scenario where a subsidy of ₹15,000 per kWh is provided, it is anticipated that the upfront cost parity for short- and mid-range...

Thoughtworks And AWS Unveil SDV Pulse For Industry Megatrend Navigation

0
Global technology consultancy and Amazon Web Services have released their first annual report, designed to assist automakers in quickly maximizing the potential of software-defined...

Buzz

LeePra Chooses Delvitech’s 3D AI AOI System

0
Eyeing efficient quality monitoring, LeePra Technologies has partnered with Delvitech to include advanced AI solutions in its manufacturing units. Last week, EMS provider LeePra Technologies...

Bharat Electronics Secures Export Order Worth $2.3 Billion For Fy25

0
BEL receives a $2.3 billion export order for TR modules, boosting India's self-reliance and export potential in defence manufacturing. On Friday, Bharat Electronics Limited (BEL)...

Systrome Technologies Opens Electronics Manufacturing Facility in Thiruvananthapuram

0
To leverage quality telecom equipment production and local employment, Systrome Technologies recently inaugurated a new factory in the state capital of Kerala. A new manufacturing...

Important Sectors

LeePra Chooses Delvitech’s 3D AI AOI System

0
Eyeing efficient quality monitoring, LeePra Technologies has partnered with Delvitech to include advanced AI solutions in its manufacturing units. Last week, EMS provider LeePra Technologies...

Ultimate Luxury On Wheels: India’s Top Luxury Hybrid Vehicles

0
As the automotive world shifts towards electric vehicles (EVs), many still cherish the classic internal combustion engine (ICE). However, a discerning segment of drivers...

Bharat Electronics Secures Export Order Worth $2.3 Billion For Fy25

0
BEL receives a $2.3 billion export order for TR modules, boosting India's self-reliance and export potential in defence manufacturing. On Friday, Bharat Electronics Limited (BEL)...

Systrome Technologies Opens Electronics Manufacturing Facility in Thiruvananthapuram

0
To leverage quality telecom equipment production and local employment, Systrome Technologies recently inaugurated a new factory in the state capital of Kerala. A new manufacturing...

Hybrids Struggle For Incentives In Uttar Pradesh; Only FAME II-Certified Vehicles Eligible

0
Senior industry executives noted that Uttar Pradesh is looking to align hybrid and electric vehicle (EV) incentives with the central government's FAME II guidelines....

Manufacturing

LeePra Chooses Delvitech’s 3D AI AOI System

0
Eyeing efficient quality monitoring, LeePra Technologies has partnered with Delvitech to include advanced AI solutions in its manufacturing units. Last week, EMS provider LeePra Technologies...

India, Russia Partners To Boost India’s Defence Capabilities

0
Backed by Russia, HAL aims to produce and export Sukhoi Su-30 fighter jets in Nashik to enhance India's aerospace prowess and export potential. India's state-owned...

Zapp And Bounce Infinity Partner On Scooter Production at Bhiwadi Plant

0
The partnership will facilitate the manufacturing and distribution of Zapp's i300 electric urban motorcycles across India. Zapp Electric Vehicles Group Limited has unveiled a strategic...

Empowering Innovation: The Role of MSMEs in India’s Defence Sector

0
If large industries are the “face” of the Indian economy as they provide the most visible aspect, then the MSMEs are surely the “firm...

Quality Control With AI-Driven Optical Inspection

0
This collaboration combines optical inspection technology with high-performance Edge AI hardware, significantly improving printed circuit board assembly efficiency, reducing waste, and enhancing overall process...