BASF Signs Business Cooperation MOU with Ziphyros

Purpose of Expanding Hydrogen Production Using Renewable Energy

[Asia Economy Reporter Hwang Yoon-joo] BASF New Business, a 100% subsidiary of the global chemical company BASF, has partnered with the domestic energy company G-Philos to expand hydrogen production using renewable energy.

BASF announced on the 11th that its subsidiary BASF New Business recently signed a memorandum of understanding with G-Philos, a leading domestic company in the P2G (Power-to-Gas) sector, which converts renewable energy electricity into gases such as hydrogen, to expand the domestic and global P2G markets.

Through this collaboration, G-Philos will be able to provide power conversion systems (PCS) for NAS (sodium-sulfur) batteries applicable to all models supplied by BASF, ranging from 200kW to 800kW. BASF plans to supply NAS batteries with a capacity of 19.2 MWh domestically by the end of 2022, cooperate on domestic and international P2G projects, and actively support G-Philos in developing the PCS business for NAS batteries in the future.

G-Philos, together with Korea Midland Power, is operating the first renewable energy-linked P2G system in Korea that produces hydrogen using unused power from the Sangmyeong Wind Power Complex (21MW scale) located in Hallim-eup, Jeju City. By applying G-Philos’s high-efficiency PCS to the 200kW NAS battery supplied by BASF, the system uses it as an electrical buffer between the irregular output characteristics of renewable energy and the water electrolysis device, enabling stable operation of the system.

BASF New Business supplies NGK’s high energy density, large-capacity, long-duration NAS batteries worldwide. NAS batteries, capable of discharging for 4 to 8 hours, are suitable for applications such as stabilizing power generated from renewable energy and grid-connected power systems.

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