INNEOVA (INEO) Holdings announced that its wholly-owned subsidiary, INNEOVA Engineering, has entered into a non-binding Memorandum of Understanding with HyCee, a joint venture of GuoFu Hydrogen, to collaborate on advancing hydrogen adoption in Singapore. This strategic partnership positions INNEOVA Holdings to capitalize on the growing global demand for clean energy solutions, aligning with Singapore’s Green Plan 2030. The MoU establishes a framework for INNEOVA Engineering and HyCee to jointly develop and deploy hydrogen-related technologies and infrastructure in Singapore, targeting high-growth sectors such as transport, logistics, industrial applications, and commercial enterprises. By combining INNEOVA’s expertise in engineering, project execution, and lifecycle management with HyCee’s advanced capabilities in hydrogen production, storage, and distribution, the collaboration aims to deliver scalable, reliable, and sustainable solutions that support Singapore’s low-carbon transition. Key objectives of the partnership include: Market Expansion: Engaging potential hydrogen users across transport, logistics, industrial, and commercial sectors to drive adoption. Infrastructure Development: Exploring opportunities to develop hydrogen distribution and refueling infrastructure to support scalability. Technology Promotion: Advocating for hydrogen technologies to stakeholders and regulators to foster a supportive ecosystem. Operational Excellence: Providing comprehensive after-sales service, technical support, and maintenance to ensure reliability and uptime. Pilot Projects: Conducting feasibility studies and pilot programs to demonstrate the viability of hydrogen solutions in Singapore.
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