Monday, December 5 2022 Sign In   |    Register
 

News Quick Search


 

News


Front Page
Power News
Today's News
Yesterday's News
Week of Nov 28
Week of Nov 21
Week of Nov 14
Week of Nov 07
Week of Oct 31
By Topic
By News Partner
Gas News
News Customization
Feedback

 

Pro Plus(+)


Add on products to your professional subscription.
  • Energy Archive News
  •  



    Home > News > Power News > News Article

    Share by Email E-mail Printer Friendly Print

    Europe launching world’s largest green hydrogen integrated project


    October 5, 2022 - Trend News Agency

     

      BAKU, Azerbaijan, October 5. Europe is launching the world’s largest green hydrogen integrated project, Trend reports.

      The project will be implemented by Fortescue Future Industries (FFI) and Tree Energy Solutions (TES) to help Europe mitigate its current energy and climate crisis and to bring green molecules to the continent.

      At the first phase the companies will jointly develop and invest in the supply of 300,000 tons of green hydrogen with final locations being currently agreed.

      First deliveries of green hydrogen into the TES terminal in Wilhelmshaven, Germany are expected to take place in 2026. The jointly developed green hydrogen projects will produce enough green renewable energy to supply 1.5 million households.

      This initiative leverages FFI’s market-leading expertise in developing large-scale renewable energy production and TES’s pioneering business model which combines hydrogen with recycled CO2 to create an efficient, circular, closed net-zero, energy loop.

      FFI joins a group of international partners that are strategic investors in TES, including E.ON, HSBC, UniCredit, and Zodiac Maritime.

      The partnership will see the companies work collaboratively to address the significant dual challenges of energy security and energy transition. Together, FFI and TES will develop industrial scale green hydrogen production globally with an initial focus on Australia, Europe, Middle East and Africa.

      Further they will combine FFI’s market leading expertise in developing large scale renewable energy production, with TES’s unique sustainable business model and access to the European green hydrogen market.

      ---

      Follow the author on Twitter: @Lyaman_Zeyn

    TOP

    Other Articles - International


    TOP

       Home  -  Feedback  -  Contact Us  -  Safe Sender  -  About Energy Central   
    Copyright © 1996-2022 by CyberTech, Inc. All rights reserved.
    Energy Central® and Energy Central Professional® are registered trademarks of CyberTech, Incorporated. Data and information is provided for informational purposes only, and is not intended for trading purposes. CyberTech does not warrant that the information or services of Energy Central will meet any specific requirements; nor will it be error free or uninterrupted; nor shall CyberTech be liable for any indirect, incidental or consequential damages (including lost data, information or profits) sustained or incurred in connection with the use of, operation of, or inability to use Energy Central. Other terms of use may apply. Membership information is confidential and subject to our privacy agreement.