The Anonymous Widower

Fortescue Future Industries Invests In Dutch Thin-Film Solar And H2 Firm HyET

I missed this article, when it was published, so I’m publishing it now!

The title of this post, is the same as that of this article on Renewables Now.

These two paragraphs outline the deal.

Australia’s Fortescue Future Industries (FFI) has taken a 60% stake in Dutch company High yield Energy Technologies (HyET) Group to assist in its ambition to supply 15 million tonnes of green hydrogen globally by 2030.

The green energy company of Fortescue Metals Group Ltd (ASX:FMG) has also provided the majority of financing for the expansion of the Dutch solar photovoltaic (PV) factory of HyET Solar.

Andrew Forrest certainly seems to be splashing the cash.

I first wrote about the hydrogen innovation of the HyET Group in December 2020 in New Device Separates Hydrogen From Natural Gas When The Two Gases Are Blended In Pipelines.

I finished that post, with this simple sentence.

This invention could change the world!

In the UK, there is a project called HyDeploy, which aims to blend twenty percent hydrogen into the UK’s natural gas.

  • At this level, all boilers, appliances and processes would work without major changes.
  • A significant amount of carbon emissions would be saved.
  • Gas imports would be reduced.

Could HyET’s technology be used to piggyback a hydrogen delivery network alongside the UK’s gas network?

It might even be possible to attach hydrogen filling stations direct to the gas network.

October 8, 2021 - Posted by | Energy, Hydrogen | , , , , , ,

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