FFI and Nikola collaborate on US green hydrogen megaprojects

Australian developer and zero-emissions vehicle firm sign MoU amid growing momentum for hydrogen hubs in the US

Australian developer Fortescue Future Industries (FFI) and Phoenix-headquartered zero-emissions vehicle firm Nikola have signed a memorandum of understanding (MoU) to collaborate and co-develop large-scale green hydrogen projects in the US. Nikola will act as a potential offtaker for any projects. “This MoU will establish the framework for future collaborations as strategic partners for the potential co-development of meaningful energy transition solutions, with a focus on the Phoenix Hydrogen Hub project being led by Nikola,” says Michael Lohscheller, CEO of Nikola. Nikola announced in December that the Department of Energy (DoE) had progressed its loan application for $1.3bn for the Phoeni