The RATCH Group, AIF Group, and Ronitron Co. have signed a memorandum of understanding to develop a green hydrogen and ammonia project using clean energy sources in Laos.
This partnership aims to provide sustainable energy solutions and meet future demands of industrial, transportation, and power sectors while supporting global carbon neutrality goals.
This collaboration harnesses the expertise of the three partners: RATCH Group excels in renewable energy projects across Southeast Asia, AIF Group is a leading conglomerate in Laos with investments in energy, and Ronitron brings technology and logistics know-how to the table. Together, they aim to create long-term economic and environmental value by producing green hydrogen and ammonia.
Laos is an attractive site for green fuel production due to its rich renewable energy sources like hydropower, wind, and solar, combined with excellent infrastructure. The country is well-positioned to produce and export green hydrogen and ammonia, targeting markets in Japan, South Korea, and Singapore. The interconnected logistics with Thailand enhance the potential for efficient production and export.
By investing in green hydrogen and ammonia, these companies are poised to significantly reduce greenhouse gas emissions, offering a renewable alternative that aligns with international sustainability commitments. The initiative promises long-term societal benefits and economic growth for the regions involved.
