CRI SIGNS STRATEGIC COOPERATION AGREEMENTS WITH GUANGDONG HYDRO POWER AND JIANGSU DAFU
Carbon Recycling International (CRI), Jiangsu Dafu Technology Equipment and Guangdong Hydro Power Energy Investment have signed strategic cooperation agreements to build the world's first hydrogen-methanol integrated equipment manufacturing project using renewable energy.
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/year 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 their vast expertise in clean energy project development, investment, and management.
The plant will use CRI’s patented 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.
