Chloroplant Co. Ltd., a member of the Marcon LC group of companies specializing in systems integration and project management in the alternative energy sector, has secured a contract with H1Hydro Group, a Singapore-based clean energy investment firm, to design, construct, and operate a 10-MW green H₂ plant in Sarawak, Malaysia, valued at approximately $17 MM.

The plant will be constructed using advanced modular technology for optimized efficiency and scalability, with Phase 1 scheduled to commence operations in Q1 2026. The plant will utilize advanced European electrolysis technology, and the H₂ storage and transportation technologies to be used are currently under discussion with companies from Korea and Malaysia. The expected production cost of H₂ from this plant is competitive compared to other facilities in the Asia-Pacific region, ensuring strong competitiveness in the global H₂ market.

Sarawak, Malaysia, has a long-term vision to become a clean energy hub in Asia and is actively developing its H₂ economy ecosystem. Leveraging abundant renewable resources and strategic geographic positioning, the Sarawak government is investing heavily in green H₂ to build sustainable future industries.

This project aims to enhance Sarawak's H₂ ecosystem, stimulate local economies, and contribute significantly toward global carbon neutrality goals. Rapid progress is expected, and the successful commercialization of Phase 1 in 2026 will facilitate further expansions. Plans include additional expansions and establishing a green H₂ container distribution business targeting Northeast Asian markets, including Korea and Japan.