Skip to main content
Hydrogen News

JCB signs multi-billion pound deal to buy and distribute green hydrogen in the UK

By November 1, 2021December 2nd, 2021No Comments

News Stories

JCB signs multi-billion pound deal to buy and distribute green hydrogen in the UK

Nov 1, 2021 • Business Live

The manufacturer signed a memorandum of understanding with Fortescue Future Industries (FFI) ahead of COP26

Construction giant JCB has signed a multi-billion pound memorandum of understanding with Fortescue Future Industries (FFI) to buy ‘green’ hydrogen from Australia – and distribute it to UK customers. The deal – which has been described as a “first of its kind partnership” – is expected to play a major part in helping the UK achieve its Net Zero goal.  The parties have revealed that they will also evaluate ways to provide green hydrogen to the European market and will explore collaboration opportunities to accelerate green hydrogen demand and establish green hydrogen and green industry manufacturing centres.

Continue to full article on Business Live