Iceland's "Emissions-to-Liquids" technology providers Carbon Recycling International hrf (CRI) has announced that it has signed strategic cooperation agreements with China's Jiangsu Dafu Technology Equipment, and Guangdong Hydro Power Energy Investment to build the world's first hydrogen-methanol integrated equipment manufacturing project using renewable energy.
According to a statement, the partnership is designed to meet the growing demand for green methanol and eco-friendly solutions in sectors such as transportation and industrial processes.
As a first step in their collaboration, the partners plan to construct a 100,000 tonnes per annum capacity electro-methanol (e-methanol) plant.
To enable integration with renewable energy, Jiangsu Dafu will provide innovative smart power products with energy storage capabilities, while Guangdong Hydro Power will drive the project with its vast expertise in clean energy project development, investment, and management.
The plant will use CRI’s patented emissions-to-liquids (ETL) technology, which has an installed production capacity of over 200,000 tonnes of methanol per year across two projects commissioned in China in the last two years.
