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

By November 1, 2021November 18th, 2021No Comments

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.

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