Sumitomo Corporation and JGC Holdings Corporation, which operates the overseas engineering, procurement, and construction (EPC) business of the JGC Group, have signed a Front End Engineering and Design (FEED) contract for the hydrogen-related project planned by Sumitomo Corporation in Gladstone, Australia.
This project is part of a broader program that aims long-term to build local hydrogen production and consumption in Gladstone by producing hydrogen from electrolysis of water using electricity from Solar PV as the main power source. The initial hydrogen production plant plans to produce 250-300 tonnes of hydrogen annually, with plans to scale up production.
Sumitomo Corporation expects hydrogen to be one of the important energies in the future and promotes hydrogen-related business such as Local Production and Consumption projects and Large Scale Value Chain projects, that utilizes the regional requirements of energy and the characteristics of hydrogen.
