Fortescue breaks ground on 80-MW green H2 plant in Arizona

Australian metal mining and green energy company Fortescue Ltd (ASX:FMG) on Friday kicked off the construction of its first green hydrogen site in the US, an 80-MW electrolyser and liquefaction facility in Arizona.

The soil-turning ceremony also marked the project’s renaming. Instead of Phoenix Hydrogen Hub, the USD-550-million (EUR 510.8m) development will now be called Arizona Hydrogen.

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To be installed across a 158-acre (63.9-ha) site in Buckeye, the planned facility will be able to produce up to 11,000 tonnes per year of liquid green hydrogen, starting in 2026. The plant will use wind and solar electricity, with its output set to go to decarbonise the heavy-duty on-road transportation sector.

“The US has made serious strides in attracting global investment in green hydrogen and decarbonisation projects,” said Fortescue’s executive chair and founder Andrew Forrest, but pointed out that there is more to be done.

Arizona Hydrogen could add USD 59.2 million to Arizona’s GDP and bring USD 9.1 million in income and sales taxes to the state and local governments annually.

(USD 1.0 = EUR 0.929)