The Port of Corpus Christi Authority in Texas is looking to develop renewable energy infrastructure to support the production of green hydrogen and optionality provide renewable power directly to the port and its customer.
Solidifying its plans today (May 11), the port said it has entered into a Memorandum of Understanding (MoU) with funds managed by the Infrastructure and Power Strategy of Ares Management Corporation (Ares) for the effort.
Detailing the deal, the port said the MoU outlines preliminary provisions for a renewable energy and clean fuel hub that will be comprised of solar facilities, battery storage facilities and electrolyser facilities to be located on port-owned property.
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