Green vitality champion Fortescue Future Industries is downplaying the exit of its United States associate from a hub below development in Queensland.
The $114 million multi-gigawatt-scale electrolyser manufacturing facility being in-built Gladstone was a 50-50 three way partnership between FFI and Plug Power Inc.
“The facility in Gladstone is going ahead as planned – nothing changes,” FFI CEO Mark Hutchinson advised an investor briefing on Friday.
“We want to control our own destiny.”
Mr Hutchinson mentioned the worldwide want for electrolysers within the subsequent few years can be large.
Plug would nonetheless provide electrolysers for a few of FFI’s tasks, he mentioned.
“The feeling really was that we were advanced on our own technology – the IP was ours. We can do it at scale,” he mentioned.
“It will be Australian technology and we’re going to do that on time.”
The 100-hectare website in Gladstone, meant to kick begin the primary electrolyser manufacturing hub in Australia, is a part of Queensland’s plan to create a sophisticated manufacturing base for renewable vitality and tools.
The first electrolysers to be manufactured are earmarked for FFI’s proposed inexperienced hydrogen to ammonia challenge at Gibson Island.
FFI’s future plans embrace the manufacture of wind generators, cabling, photo voltaic cells, modules and arrays.
Source: www.perthnow.com.au
