Sinosynerg signed a strategic cooperation agreement with Templewater
(9 September 2022 – Hong Kong) Guangdong Sino-Synergy Hydrogen Energy Technology Co., Ltd. (“Sinosynergy”) together with its subsidiaries (the "Group") has signed a Memorandum of Understanding (“MoU”) today with Templewater Group ("Templewater”) for a strategic cooperation agreement to accelerate the decarbonization strategies, the infrastructure and ecosystem in Hong Kong, Greater Bay Area and beyond.
With the ongoing green shift in the commercial fuel cell electric vehicles (“FCEV”) sector with hydrogen being increasingly viewed as a critical medium for the decarbonization of energy, industry and mobility, the two parties will work together to expand the Guangdong-Hong Kong-Macao Greater Bay Area market, explore global hydrogen energy project investment opportunities, and create a win-win and sustainable development strategic partnership.
Furthermore, Templewater intends to establish a decarbonization strategic advisory and technical committee (the “Committee”) to provide advice and guidance on strategies and investments into clean energy and hydrogen-related projects and serve as a resource to Templewater in respect of its hydrogen investments. Sinosynergy has accepted the invitation from Templewater to join the Committee, and explore potential investment opportunities together.