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Fortescue unveils major green hydrogen plans for Queensland, Australia

Fortescue unveils major green hydrogen plans for Queensland, Australia

Australia’s first multi-gigawatt-scale electrolyser factory, with an initial capacity of 2GW per annum, and a global green energy manufacturing centre is exactly what Fortescue Future Industries (FFI) has committed to building in Queensland, Australia.

Unveiling its plans today (Oct 11), FFI said the project will see construction of what it believes to be the world’s largest electrolyser, expected to cost an initial investment of $83m. It is believed total investment of the development could be $650m.

Proposing a short time frame, FFI wants start construction of the green energy manufacturing facility in February next year (2022), with the first electrolysers scheduled off the production line in early 2023.

On the development, Julie Shuttleworth, CEO of FFI, said, “FFI’s goal is to become the world’s leading, fully renewable energy and green products company, powering the Australian economy and creating jobs for Australia as we transition away from fossil fuels.

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