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.”