14 Jul International consortium reveals plans for $52 billion green hydrogen project in Western Australia
An international consortium comprised of developers from Hong Kong and Australia has unveiled plans to use 50GW of wind and solar PV capacity in Western Australia to produce green hydrogen and green ammonia.
The Western Green Energy Hub would be built across 15,000 km2 of land optimal for renewable energy development in the Southeast of the state. Consisting of 30GW of wind, 20GW of solar capacity feeding up to 28GW of electrolysers, it would become the world’s largest green hydrogen facility if the plans come into fruition.
InterContinental Energy, CWP Global and Mirning Green Energy believe that the US$52 billion mega project could produce up to 3.5 million tonnes of green hydrogen or 20 million tonnes of green ammonia each year for use in power stations, shipping, heavy industry and aviation.
The consortium will aim to produce the first fuels from the project by 2030 and will construct an offshore facility to transfer fuels onto ships. The group sees the global market for green hydrogen growing to be worth $50 trillion by 2050.
Hong Kong-based InterContinental Energy and Australian counterpart CWP Renewables will work with first nations land owners on the project through indigenous-owned partner Mirning Green Energy.