PSCM Energy Pte. Ltd., a clean energy company based in Singapore, is proud to announce it has now signed contracts with eleven private companies in Monrovia, Liberia, for the design, construction and operation of a hydrogen fuel cell electricity generators at their commercial sites, with expansion to additional sites to follow. PSCM Energy Pte. Ltd. has a Memorandum of Understanding to construct electricity generation capacity, which was signed with the Liberian Government in 2018.
In this photo from our last visit, PSCM Energy Pte. Ltd. was represented by Managing Director, Karl Seitz and Ms. Xin Zhang, Director of International Business Development and locally by Mr. Antoine Sovoh, President, Mr. Othello Garblah, Public Relations Manager, and Mr. Sackie Johnson, Operations Manager of Tonimex Inc., who provide country specific marketing and operational expertise to PSCM Energy.
“The 25 mW of contracts represents a significant milestone in our Liberian Project”, said Ms. Xin Zhang, Director of International Business Development, PSCM Energy Pte. Ltd. “It gives us the critical mass of contracts and provides sufficient demand to allow us to transition our efforts in Liberia from solely marketing to actual project initiation.” PSCM will begin providing electricity in early 2020 to fulfill these 15-year contracts.
The hydrogen fuel cell electricity generation capability to be installed under the contract’s provisions will produce clean, affordable and reliable electricity at the company locations, which are frequently not connected to Liberia’s electrical grid. Even those locations connected to the grid experience frequent power outages and must rely on their own diesel generators. The projects’ intended outcome is to replace expensive diesel generators with clean, environmentally friendly hydrogen fuel cell generators.
“Micro power electricity generation stations fueled by clean hydrogen energy are a viable and promising solution to the issue of powering areas with otherwise minimal access to electricity” said Mr. Karl Seitz, Managing Director, PSCM Energy Pte. Ltd.
The need for affordable electricity in Liberia is great. From USAID, “Liberia’s civil war, which ended in 2003, destroyed much of the country’s power sector. At approximately 12%, Liberia has one of the lowest electricity access rates in the world. In the capital city of Monrovia, less than 20% of the population has access to electricity.” PSCM Energy Pte. Ltd. has now begun to address this critical need, the severity of which is illustrated by the graphic to the right.
“We would like to thank all of the companies who have worked with us and signed these initial contracts. PSCM Energy intend to prove that their expertise in clean hydrogen fuel cell electricity production will provide affordable, reliable, clean electricity to these Monrovian companies which can serve as the beginning of larger, similar projects across Liberia and other African nations.” said Mr. Antoine Sovoh, President, Tonmex Inc.
PSCM Energy Pte. Ltd. intends to begin the construction of the electricity generation facility in the third quarter of 2019, and will initially invest approximately $60 million US Dollars in the project.
About PSCM Energy Pte. Ltd.
PSCM Energy PTE. LTD. is headquartered in Singapore, and provides oil desulphurization technology, IMO-2020 compliant MGO ship fuel production, clean electricity generation, hydrogen fuel cell technologies and other energy related capabilities.
To learn more about PSCM Energy Pte. Ltd., please visit: www.pscmenergyinternational.com
Media Contact
Company Name: PSCM Energy PTE. LTD. (201843061C)
Contact Person: Mrs. Xin Zhang, Director of International Business Development
Email: Send Email
Phone: +1 512 456-8713
Country: Singapore
Website: http://pscmEnergyInternational.com