Fortescue Future Industries has acquired Williams Advanced Engineering for $310 million as it looks to capitalise on its critical battery technology to cut emissions from its mining vehicles. An offshoot of the Williams Formula 1 Team, Williams Advanced Engineering has already helped to develop an electric mining haul truck for Fortescue in 2021.
Fortescue Future Industries has taken another step toward its global green hydrogen ambitions with the signing of a Memorandum of Understanding with Germany polymer company Covestro for the equivalent of 100,000 tonnes of solar-sourced green hydrogen and its derivatives annually, starting as early as 2024.
Two of Australia’s most prominent energy players, AGL Energy and Fortescue Future Industries, today announced plans to repurpose infrastructure at AGL’s Hunter Valley coal stations to turn them into green hydrogen hubs.
Fortescue Future Industries (FFI) has signed Memoranda of Understandings (MoUs) with three Indigenous Nations in Canada, paving the way for FFI to lead the green hydrogen and green energy revolution across Canada.
Fortescue Future Industries, founded by billionaire Andrew Forrest, has already received planning approval for its 2 GW electrolyser factory at Gladstone despite announcing the plan just five weeks ago.
Aviation H2 today it announced it has appointed a team of engineers to fast-track its ambitions of building Australia’s first hydrogen-fuelled aeroplane. The company is, however, rather enigmatic, without a website and wholly owned by Liberty Energy Capital, which itself falls into rabbit hole of ownerships. The plan comes on the same day one of Australia’s biggest renewable hydrogen players, Fortescue Future Industries, announced it’s joined forced with Los Angeles-based Universal Hydrogen to enter the aviation space.
The fallout from the Woodside and McGowan government’s greenwashing of the former’s ‘H2Perth’ hydrogen and ammonia project announced last week continues, with Fortescue Future Industries and Andrew “Twiggy” Forrest making a mockery of Woodside on Twitter before announcing a massive green hydrogen deal in the United Kingdom for COP26.
Fortescue Future Industries (FFI), the 100% renewable green energy and industry company of Fortescue Metals Group (Fortescue), has acquired the commercial assets of Xergy Inc and Xergy One Ltd. (Xergy) to form FFI Ionix Inc.
Fortescue Future Industries has revealed it will partner with North American hydrogen technology company Plug Power to build the world’s largest green energy infrastructure and equipment-manufacturing facility in Central Queensland.
From iron ore magnate to renewable energy mogul, Dr Andrew ‘Twiggy’ Forrest intends producing everything he needs to turn the world away from fossil fuels to green hydrogen. The latest? A renewable energy infrastructure-manufacturing facility in Aldoga, near Gladstone.
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