Singapore, 16 February 2021 – Second Minister for Trade and Industry, Dr Tan See Leng, and Chile’s Minister of Energy and Mining, Juan Carlos Jobet, signed a memorandum of understanding (MoU) for a collaboration on low-carbon hydrogen technologies yesterday via an online meeting.
The MoU, which is renewable after five years, will foster cooperation between Singapore and Chile on projects and initiatives to advance the deployment of hydrogen as an alternative energy source. The potential collaboration opportunities include:
- Exchange of information and policies on the management and development of hydrogen-related technology and resources;
- Scaling up of a domestic hydrogen economy in both countries;
- Establishment of supply chains for hydrogen and its derivatives; and
- Strengthening of networks and partnerships on hydrogen.
Dr Tan said, “This MoU for collaboration on low-carbon hydrogen technologies further underscores Singapore and Chile’s shared commitment to catalyse the development of alternative energy sources such as hydrogen, as part of our long-term decarbonisation efforts. Singapore will continue to work with Chile, and other like-minded partners, in advancing the hydrogen economy and charting a sustainable future.”
The MoU will be overseen by Chile’s Ministry of Energy and Singapore’s National Climate Change Secretariat as well as Ministry of Trade and Industry. It will also be supported by implementing agencies, including the Energy Market Authority and the Singapore Economic Development Board.
– Construction+ Online
Source: Ministry of Trade and Industry