H2 Clean Energy and RAOS JSC (part of the Rosatom State Corporation) signed bilateral Strategic cooperation agreement

RAOS is developing a project of a low-carbon hydrogen production plant on Sakhalin Island, aimed at exporting hydrogen to foreign markets. H2 Clean Energy has a current Agreement on the basic terms of purchase and sale of hydrogen with JI – Tech Co. Ltd. and ALSM Co. Ltd. (buyers from the Republic of Korea).

The Agreement consolidates the companies’ intentions for strategic cooperation in terms of creating a hydrogen cluster on Sakhalin Island, including the distribution of roles of the Parties to the Agreement in the organizational model of the project.