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
Also in this section
18 December 2024
Central Asian country’s vast wind and solar resources have attracted a $50b electrolytic hydrogen mega-project aimed at exporting to Europe
17 December 2024
Sultanate prepares to offer international hydrogen project developers more land concessions but refines auction design as global industry sentiment cools
17 December 2024
Siemens Energy and Air Liquide collaborate on first commercial-scale electrolyser to be deployed at an industrial site in Europe
16 December 2024
Sustainable aviation fuel from electrolysis has great potential for reducing aviation sector emissions, but cost, energy requirements and the need for substantial investment stand in the way of take-off