Samsung C&T joins Infinite Green in 10-MW Aussie H2 project

• Australia's Infinite Green Energy will be partnering with a system of South Korea's Samsung C&T Corp's (KRX: 028260) in the growth as well as building and construction of the 10-MW MEG HP1 green hydrogen project in Western Australia.

The Peth-based company claimed recently it has signed a binding memorandum of understanding (MOU) with its South Korean partner that sets the key regards to their collaboration.

MEG HP1 envisages the installment of an electrolyser with battery storage near Northam, concerning 100 km northwest of Perth, to generate up to 4 tonnes of green hydrogen daily. The process will be powered by the 11-MW Northam solar park, which Infinite Green got earlier in February.

The solar-powered green hydrogen production facility is expected to be switched on in early 2024. The majority of its outcome is planned to be utilized in hefty transport, while a few of it will be supplied to waste management firms for back-to-base refuse collection vehicles. MOUs are currently in position as well as binding agreements are being discussed, according to the declaration.

When it purchased the Northam solar park, Infinite Green claimed the plant could be increased to 18 MW so regarding possibly increase the hydrogen manufacturing capacity.