Danish renewable power developer European Vitality has acquired a majority stake in a 3.6 GW built-in photo voltaic and battery power storage facility. Developed within the Australian state of Queensland, the proposed facility will probably be used as a inexperienced hydrogen manufacturing plant.
from Australia’s pv journal
European Vitality has acquired a majority stake in Australia-headquartered power firm Austrom Hydrogen with the purpose of accelerating the formal improvement and grid connection processes for the proposed 3.6 GW Pacific Photo voltaic Hydrogen Venture.
The Pacific Photo voltaic Hydrogen Venture, deliberate for a 6,000 hectare website close to the port of Gladstone, will include as much as 3.6 GW of PV and battery power storage. The built-in photo voltaic and storage facility will energy a hydrogen electrolyzer that may produce greater than 100,000 tons of inexperienced hydrogen per yr.
“This is likely one of the largest initiatives we have ever performed or anybody else on the planet for that matter,” stated Thorvald Spanggaard, European Vitality Govt Vice President and Head of Venture Growth.
“We consider that it’s possible and practical to comprehend this mission by 2026 not least due to the willingness of native Australian authorities to see the probabilities of continuous the inexperienced transition and turning into a serious gas exporter tomorrow.”
Austrom, which acquired the rights to 4 websites totaling 6,000 hectares close to the Gladstone export hub, first unveiled its plans for the Pacific Photo voltaic Hydrogen Venture in 2020, saying the tip objective is to generate inexperienced hydrogen for export via Gladstone Port.
Catriona Mcleod, the nation supervisor for European Vitality in Australia, stated the mission would even be a hub for renewable power manufacturing, together with “inexperienced hydrogen and e-fuels.”
“Australia’s huge power assets are usually not restricted to fossil fuels,” he stated. “Changing into a hub for renewable power manufacturing, inexperienced hydrogen and e-fuels is the logical subsequent step for our nation.”
McLeod stated European Vitality will undertake the event work in addition to handle the grid connection course of for the Pacific Photo voltaic Hydrogen Venture portfolio.
The mission is a part of a rising portfolio of renewable power initiatives being pursued by European Vitality in Australia.
The Copenhagen-based firm, which is about to open an workplace in Melbourne in 2022, says it’s dedicated to buying, creating, constructing, proudly owning and working a portfolio of main renewable power initiatives. -or power in Australia.
“European Vitality is at present creating wind and photo voltaic alternatives throughout the NEM (Nationwide Electrical energy Market), and as one of many leaders in e-fuels and inexperienced hydrogen, I consider we’re nicely suited to speed up the tempo the place these initiatives could be realized. ,” stated McLeod.
European Vitality stated it has a improvement pipeline of greater than 20 GW of renewable power initiatives on 4 continents and is at present constructing greater than 1.2 GW of latest power capability.
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