GEV and Pacific Hydro sign MoU to explore export of green hydrogen using new compressed H2 ship
Australia-based Global Energy Ventures (GEV) and Pacific Hydro Australia Developments Pty Ltd (Pacific Hydro) have executed a Memorandum of Understanding (MOU) to explore opportunities regarding the production, storage, loading, ground and marine transportation of green hydrogen produced by Pacific Hydro’s Ord Hydrogen Project.
Both parties will work collaboratively on developing an export market and associated marine transport solution for green hydrogen utilizing GEV’s proprietary compressed hydrogen ship (C-H
2 ship) and supply chain.
Pacific Hydro operates the Ord Hydro Plant, located at Lake Argyle, Western Australia, which has the capacity to supply 30MW of renewable power to the local market. Pacific Hydro completed a feasibility study utilizing electricity generated by the Ord Hydro Plant to produce green hydrogen via electrolysis, and assessed market offtake to domestic an