Green hydrogen supplier Hiringa Energy will jointly pursue hydrogen-related commercial projects in New Zealand with trading and investment enterprise Mitsui & Co as part of a new agreement.
Under a Strategic Alliance Agreement, Mitsui will participate in multiple hydrogen projects developed by Hiringa including the joint venture with Balance Agri-nutrients and Hiringa’s nationwide refuelling network, which will see stations come online throughout 2021.
In forming this strategic alliance, both companies are working towards a common goal of creating a viable domestic hydrogen economy and export opportunities.
The parties have been discussing the potential of hydrogen in New Zealand since 2017, when Mitsui learnt of the New Zealand Government’s strong aspirations for green hydrogen initiatives and Hiringa’s activities.
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