Mytilineos invests in hydrogen project in Australia
In Greece, Mytilineos Energy & Metals said it acquired a 15% equity stake in CLARA Energy’s Rosedale Green Hydrogen project in Australia.
In particular, this investment will support commencement of Stage 1 of the Rosedale project to build hydrogen generation facility that will be exclusively powered by solar production and will feed long haul trucks that cross one of the country’s busiest highways, i.e., Sydney – Melbourne Hume Highway corridor.
“Mytilineos is always seeking to offer pioneering solutions to its customers. In this context, we view electrification holistically, and we invest in zero emissions transport of trucks. After all, as an integrated energy utility we offer services across the entire range of energy activities combining innovation and technology. We are now offering ‘green’ hydrogen services to large-scale facilities along motorways, so that decarbonization can proceed smoothly in international transport,” said the executive director of the company’s energy sector, Ioannis Kalafatas.
CLARA Energy’s final project plan for Rosedale is to develop an 800 MW solar farm next to a 560 MW hydrogen plant near Gundagai able to produce enough hydrogen to fuel 800 trucks each day. At Stage 1, solar capacity will reach 250MW and the hydrogen installation will produce enough hydrogen to be used by 200 trucks.
Category: Fuels
