Mitsubishi Heavy Industries, Ltd. (MHI) has agreed to make a capital investment in H2U Investments, the holding entity of the H2U Group. The H2U Group includes The Hydrogen Utility (H2U), the leading Australian developer of green hydrogen and green ammonia projects using power derived from renewable energy sources. The agreement also includes MHI's 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 initiative, Eyre Peninsula Gateway in southwest South Australia is planned to commence commercial production of green hydrogen and ammonia towards the end of 2022. 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 involves the construction of a 75 MW demo water electrolyzer that can provide green hydrogen and up to 40,000 tonnes of green ammonia annually with electricity coming from renewable energy facilities.
