Loading...
Loading...
tes-ffi-partner-to-develop-supply-chain-of-300000-tonnes-of-green-hydrogen-for-europe
tes-ffi-partner-to-develop-supply-chain-of-300000-tonnes-of-green-hydrogen-for-europe

TES, FFI partner to develop supply chain of 300,000 tonnes of green hydrogen for Europe

In a bid to combat Europe’s energy crisis, Fortescue Future Industries (FFI) and Tree Energy Solutions (TES) have agreed to develop the ‘world’s largest’ green hydrogen integrated project, to bring green molecules to the continent.

Together, FFI and TES plan to develop industrial-scale green hydrogen production globally with an initial focus on Australia, Europe, Middle East, and Africa. In its first phase, the project is expected to see the supply of 300,000 tonnes of green hydrogen developed.

As part of the partnership, FFI is set to make an equity investment of €30m ($29.8m) to become a strategic shareholder in TES, as well as invest €100m ($99.3m) for a significant stake in the construction of the TES import terminal in Wilhelmshaven, Germany.

... to continue reading you must be subscribed

Subscribe Today

To gain access to this article and all our other content, you will need to subscribe to H2 View.

From the latest print editions, to 24/7 online access to exclusive interviews, authoritative columnists and the H2 View news archive, a subscription is the best way for you to stay up to date with developments in the hydrogen community.

Please wait...