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.
Fortescue Future Industries has revealed plans to develop a 1 GW solar PV module manufacturing plant in Australia after confirming it had acquired a 60% stake in Netherlands-based renewable energy specialists High yield Energy Technologies Group.
Australia-based Fortescue Future Industries has partnered with JSW Energy arm on green hydrogen production and application in India.
Tasmania’s port authority has entered into an agreement with Fortescue Future Industries for land and operating access for its proposed 250 MW green hydrogen plant at Bell Bay, in Tasmania’s north.
Jordanian government officials have met with a delegation from Fortescue Metals Group to discuss investment opportunities in green hydrogen and ammonia, although details of the meeting remain scant.
Iron ore giant Fortescue Metals Group has brought forward its net zero emissions target a decade to 2030 by advancing a raft of green hydrogen and ammonia projects. The mining company believes it’s green energy ambitions will demonstrate how the two “missing links” in the battle against climate change can decarbonise supply chains.
Iron ore giant Fortescue Metals Group’s ambitious Fortescue Future Industries wants to build a renewable energy portfolio of more than 235 GW. The ambition, combined with the apparently bullish effort of Fortescue executives in recent months, has garnered headlines, and now Fortescue has announced former Prime Minister Malcolm Turnbull and former National Intelligence chief Nick Warner as part of its team.
Fortescue Metals Group Chairman Andrew ‘Twiggy’ Forrest returned to Western Australia last week after a 4-month worldwide search for green energy projects and resources. One of the deals secured on the trip was a circular partnership with South Korean steelmaker Posco. The deal sees Fortescue supply Posco with iron ore, Posco use said ore to make steel, and Fortescue use said steel for renewable energy projects to make green hydrogen.
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