Australia’s Tiwi Islands to host Solar-Green Hydrogen Complex

Australian energy transition company Global Energy Ventures (ASX: GEV) last week unveiled plans to build a 2.8-GW solar complex on the Tiwi Islands off Australia’s Northern Territory, to fuel the production of an on-site green hydrogen hub.

The so-called Tiwi Hydrogen Project (TWP) will be launched with the construction of a 500-MW solar photovoltaic (PV) park that will be gradually expanded to 2,800 MW. The ultimate goal of the initiative is to produce up to 100,000 tonnes of green hydrogen per year and export it to the Asia-Pacific region, specifically in Singapore, Indonesia, South Korea and Japan, and thus build a fully integrated green hydrogen production and export supply chain.

Perth-based Green Energy Ventures intends to install the complex on a 1,800-ha (4,448-acre) portion of land cleared for plantation use. In order to store the produced hydrogen, it will deploy its compressed ship loading solution. Access is available to existing port infrastructure and industrial precinct at Port Melville.

The Aussie firm expects to reach financial close on the project’s first phase in 2023 and make the first hydrogen exports in 2026, subject to obtaining all commercial and regulatory approvals and securing the off-take.

Green Energy Ventures presented its first large-scale compressed hydrogen ship last year and in October 2021 received approval in principle for a pilot 430-tonne carrier, to be capable of exporting hydrogen over distances of up to 4,500 nautical miles. The target for full-scale ships is 2,000 tonnes.

“Our compressed shipping solution is highly modular and can therefore scale to match the advancement of electrolyzer technologies and market demand for pure green hydrogen gas, and deliver a competitive cost of hydrogen as the project scales,” said CEO Martin Carolan.

Source: Renewables Now.

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