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Monday, April 08, 2024 2:07:30 AM
Giles Parkinson Apr 8, 2024
Andrew Forrest’s iron ore and energy giant Fortescue Metals has officially opened its 2GW hydrogen electrolyser factory in Gladstone, Queensland, using in-house technology that it says heralds a massive new manufacturing industry for Australia.
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The company will produce Proton Exchange Membrane (PEM) electrolyser stacks that have been developed in-house by Fortescue teams in Australia and the US. Fortescue has also received approval to build a 50 MW green hydrogen production facility at the site.
There is no immediate word on the technology’s costs, an important consideration given the problems that have befallen other electrolyser makers, including one time partner Plug Power, whose share price has tumbled in recent months.
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Mark Hutchinson, the CEO of Fortescue Energy who is overseeing the investments in manufacturing, green energy, and hydrogen supply deals, says the opening of the huge facility establishes the company as one of the world’s leading Original Equipment Manufacturer (OEM).
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“We will continue to research, manufacture, source and invest in new electrolyser technologies across the world to give us the best possible competitive position,” he said.
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https://reneweconomy.com.au/massive-new-industryfortescue-starts-making-its-own-hydrogen-electrolysers-opens-2gw-factory/
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