JERA Co, Inc. and Aboitiz Power Corporation signed a memorandum of understanding for a joint study on ammonia co-firing in coal-fired power plants in the presence of the President of the Republic of the Philippines, Ferdinand R. Marcos Jr. This study is another step towards decarbonizing Aboitiz Power’s business in the Philippines.
JERA investment in Aboitiz Power
In December 2021, JERA invested in Aboitiz Power through JERA Asia Pte. Ltd. The goal was to accelerate the decarbonization of the Philippines by working with Aboitiz Power. The MOU stipulates to study the feasibility of ammonia co-firing in the coal-fired power plants in which Aboitiz Power has invested and the development of the hydrogen and ammonia supply chain in the Philippines. This method will trigger the decarbonization of Aboitiz Power’s activity.
Towards a clean energy platform
JERA is a global company providing cutting-edge solutions to the world’s energy problems. By working with Aboitiz Power, JERA will contribute to the growth and development of the Philippines and Asia by providing a clean energy platform that combines renewable energy and low greenhouse gas emission thermal power.
