TGS Tra Vinh Green Hydrogen Company, a member of The Green Solutions Group has started construction of Vietnam’s first and largest green hydrogen factory, with the total investment of VND8 trillion ($341 million).
Covering an area of 21 ha, the project in the Mekong Delta province of Tra Vinh’s Duyen Hai District is expected to become operational after two years, initially producing 24,000 tonnes of green hydrogen and 195,000 tonnes of oxygen a year. It would provide direct jobs for 300-500 local residents.
Tra Vinh Province’s People’s Committee Chairman Le Van Han said the locality always accompanies investors during the implementation, creating favorable conditions for the project to be completed on schedule and put into operation soon.
The investment in a green hydrogen factory project in the area helps the province realize its goal of sustainable economic growth, becoming one of the green energy centers in the Mekong Delta region and the whole country, Han said.
Speaking at theroundbreaking ceremony on Thursday, Nguyen Sinh Nhat Tan, deputy minister of Industry and Trade, said Vietnam is promoting the development of the chemical industry, which includes producing green hydrogen and green ammonia.
He added that the chemical industry has been identified by the Communist Party and State as a priority foundation industry for development.
Hydrogen is a chemical widely used in the metallurgical industry, oil refining, semiconductor production, cosmetics and is also a basic raw material for the production of other chemicals serving many industries.
The production of green hydrogen from renewable energy has been oriented for development according to the Strategy for Development of Vietnam’s chemical industry to 2030, with a vision to 2040.