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Fortescue links with Plug Power to build electolyser gigafactory

By October 15, 2021December 16th, 2021No Comments

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Fortescue links with Plug Power to build electolyser gigafactory

Oct 15, 2021 • PV Magazine

Fortescue Future Industries has revealed it will partner with North American hydrogen technology company Plug Power to build the world’s largest green energy infrastructure and equipment-manufacturing facility in Central Queensland

Fortescue Future Industries (FFI) and Plug Power have signed a letter of intent to create a 50-50 joint venture to build a ‘Gigafactory’ in Queensland, aiming to manufacture 2 GW of hydrogen electrolysers annually, with the ability to expand into fuel cell and hydrogen-related refuelling and storage infrastructure.

The $115 million manufacturing facility, to be built in Aldoga, west of Gladstone, was announced earlier this week as part of FFI’s bold renewable energy ambitions, which include establishing a global portfolio of green hydrogen and green ammonia operations with an initial plan to produce 15 million tonnes per annum of green hydrogen by 2030.

The Queensland plant will manufacture not only large-scale proton exchange membrane (PEM) electrolysers, but also cabling and wind turbines to drive production of green hydrogen for global markets. FFI has also announced plans to develop a 1 GW solar PV module manufacturing plant.

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