Syntex to develop hydrogen facility in Arkansas
In Maryland, Power reported that officials in Clarksville, Arkansas, signed an agreement with Syntex Industries, part of SyntexNRG, to design and build the Syntex Hydrogen power plant. The current timeline for the hydrogen project calls for at least limited power generation to begin in 2025, with the plant expected to be completed in 2026.
The report also noted that plans call an initial investment of more than $250 million in the first 50-MW phase of the project, with the facility expected to have more than 500 MW of generation capacity when fully operational.
“Syntex has been working with Clarksville to develop methods to store excess renewable energy and regenerate it on demand. Recent technical developments and federal tax incentives have opened the door at last,” said Clarksville Mayor David Rieder. “This project offers the infrastructure to support our growing economy and bring new high-paying ‘ecodustrial’ jobs to the area,” he added.
Category: Hydrogen
