Mitsubishi Heavy Industries (MHI) has agreed to invest in H2U Investments, the holding entity of the H2U Group, which includes The Hydrogen Utility (H2U) – the leading Australian developer of green hydrogen, and green ammonia projects using power derived from renewable energy sources.
MHI said the agreement also includes support for H2U’s projects and business development initiatives, including supporting the Front-End Engineering and Design (FEED) study for H2U’s Eyre Peninsula Gateway project in South Australia.
“The first project of the initiatives, Eyre Peninsula Gateway in southwest South Australia is planned to commence commercial production of green hydrogen and ammonia towards the end of 2022,” the company said in a statement.
“Green hydrogen produced by water electrolysis using power derived from renewable energy sources such as wind and solar, will be used in the manufacture of green ammonia, and to demonstrate hydrogen-powered gas turbine generators.”
The Eyre Peninsula Gateway Project is the first in a pipeline of several green hydrogen and green ammonia projects being developed by H2U and will be built in two stages.
The initial commercial-scale Demonstrator Stage of the project, which received financial support under the SA Government’s Renewable Technology Fund, will integrate a 75 MW electrolysis plant and a 120 tonnes per day ammonia production facility.
The project will be later expanded through the Export Stage, an industrial-scale facility with a total production capacity of up to 2,400 tonnes per day of green ammonia, designed to drive further exports of green ammonia.
The project will see MHI provide engineering resources to the FEED study phase, as well as key plant equipment, including hydrogen gas turbines and hydrogen compressors.
As part of the project, the two parties will investigate synergies with nearby industrial operations, including shared infrastructure for the further reduction of total CO2 emissions in the region.