Mingyang Hydrogen Technology Co. Ltd. has signed an agreement with IBCLNG Co. Ltd to jointly develop a 25-MW electrolysis project in Thailand, the nation’s first commercial green hydrogen enterprise. Under the deal, Thailand-based IBCLNG will source electrolyzer technology from Mingyang Hydrogen. The Chinese company will provide technical expertise and personnel to construct infrastructure that will generate and store green hydrogen. The resulting green hydrogen will be used by steel manufacturing companies, reducing carbon footprints and enhancing production sustainability.