Malaysian power generation and industrial equipment provider Daiden Equipment has signed a preliminary strategic agreement with Advent Technologies, a leading innovator in the fuel cell and hydrogen technology sectors.
In a statement, Daiden said it intends to distribute Advent’s SereneU fuel cell products as a distributor. As a result, Daiden’s clean power generation sources will be better promoted, and the country’s ongoing transition to green energy will be strengthened.
Several SereneU fuel cell units from Advent have already been shipped to Daiden for evaluation and testing. Daiden and Advent will determine the best strategy for introducing Advent’s methanol-based fuel cells to the Malaysian market once these tests are complete.
Dr. Vasilis Gregoriou, Advent’s Chairman and Chief Executive Officer, said: “We see Daiden as a highly committed partner to the mission of transitioning to green technologies and to provide its local organizational know-how and technical expertise. It is the start of a fruitful and mutually beneficial collaboration that will put us in a position to infiltrate the Malaysian market as fast and efficiently as possible.”
Ng Win-Wei, Daiden’s Director, stated: “The global emphasis on achieving net-zero emissions by 2050, combatting climate change, and promoting clean power generation sources, will lead to the gradual replacement of diesel generators and internal combustion engines with renewable and clean power generation alternatives, such as fuel cells, solar panels, and wind turbines. We believe that methanol-based fuel cells are the ideal solution for replacing diesel-driven power generators. Methanol-based fuel cells ensure low carbon emissions, are safer to handle than hydrogen fuel, and can be easily deployed to site.”
