Australia’s Macquarie Group Ltd, through its Green Investment Group Ltd (GIG), is set to invest in the development of a hydrogen plant in British Columbia in Canada.
Green Investment Group Ltd (GIG), natural gas supplier FortisBC, and Renewable Hydrogen Canada (RH2C) have formed a joint venture for the construction of a CAD200 million (US$153 million) hydrogen project that will support in the local gas network.
RH2C will produce renewable hydrogen (RH2) through water electrolysis powered by renewables (primarily wind, augmented by hydroelectric projects).
The facility can produce up to 60 tonnes per day. It will be used by FortisBC for energy generation. Sundance Produce, a First Nation greenhouse business, will use the generated waste heat for organic farming.
