Fortescue has marked the first of its planned green energy investments in North America with a soil turn ceremony and renaming of its green hydrogen facility in Buckeye, Arizona to Arizona Hydrogen.
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At the 158-acre facility site, Fortescue executive chair and founder Dr Andrew Forrest AO said, “The US has made serious strides in attracting global investment in green hydrogen and decarbonisation projects, like Fortescue’s solar and wind-powered Arizona Hydrogen facility. Fortescue is unashamedly a first-mover in this space. The world needs us to move quickly,” Dr Forrest said.
“But, we need to be encouraged to that, not punished. There are rules right now under consideration with the Biden Administration that would make already announced projects like this one dramatically more expensive and smaller, resulting in fewer economic opportunities and slower progress on decarbonisation.
“I support the Biden Administration’s goal to produce hydrogen in a way that prioritizes sustainability, however 45V, in its current form, is a straitjacket on the industry and works against the Biden Administration’s own climate goals.”
Arizona Hydrogen is slated to produce up to 11,000 tons of liquid green hydrogen annually and is strategically positioned to significantly contribute to the decarbonisation of the heavy-duty on-road transportation sector. The southwest market consumes approximately 5 billion gallons of diesel annually in heavy-duty transport, making PHH a vital player for reducing emissions in the mobility sector.
“Buckeye is happy to welcome Arizona Hydrogen to the Sustainable Valley,” Buckeye Mayor Eric Orsborn said.
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“Fortescue’s investment in our community helps Buckeye, and the entire state of Arizona, continue to grow efficiently and sustainably for generations to come.”
