FFI targets green hydrogen in Jordan

4th November 2021 By: Esmarie Iannucci - Creamer Media Senior Deputy Editor: Australasia

FFI targets green hydrogen in Jordan

FFI chairperson Andrew Forrest
Photo by: Bloomberg

PERTH (miningweekly.com) – The green energy arm of iron-ore major Fortescue Metals, Fortescue Future Industries (FFI), will partner with the Kingdom of Jordan to conduct studies to develop green hydrogen production through potential large-scale wind and solar energy production facilities.

The partnership between Jordan and FFI is the first step in establishing the country’s first ever production of green hydrogen and green ammonia and will position Jordan to become a future leader in renewable energy production. 

“This is an exciting opportunity for Jordan to become a leader in the green energy sector through the creation and exportation of green hydrogen,” the Jordanian Minister of Environment Dr Muawieh Khalid Radaideh said.

“Because of the abundance of both solar and wind power we can create in the Kingdom, Jordan has incredible renewable energy potential, as well as the potential to become a leader in producing and exporting green hydrogen and green ammonia.

“The Kingdom is committed to a greener future, and our partnership with FFI is part of our dedication to an energy transition. The creation of renewable energy production facilities will increase economic opportunities across Jordan, benefitting local communities and the Kingdom as a whole. This has the potential to benefit beyond the Kingdom, into the region and the global community, not only economically, but environmentally,” Radaideh said. 

FFI chairman Dr Andrew Forrest said the partnership with the Kingdom of Jordan was another great step towards lowering emissions and creating jobs.

“The only way to stop global warming is through practical, implementable solutions and this partnership will play an important role in utilising the great potential for renewable energy in the Kingdom of Jordan,” said Forrest.

FFI CEO Julie Shuttleworth said that the company was excited to partner with the Kingdom of Jordan who is showing great leadership in driving green energy projects forward. 

“Jordan’s solar and wind power, located close to an operational port, makes an attractive location for production of green hydrogen and green ammonia.  

“The world has come together here at COP26 to solve the climate crisis, and that needs real, concrete actions. FFI is committed to building thriving communities by delivering social, environmental and economic benefits, and we look forward to working with the Kingdom of Jordan in this new venture,”  Shuttleworth said. 

The framework agreement, signed by both parties, sets the groundwork for FFI to study the possibilities of large-scale solar and wind production. The framework agreement provides FFI with a minimum initial area of land for preliminary studies comprising 450 km2 for potential solar production, 1 000 km2 for potential wind energy production, and 1.5 km2 within an industrial zone for potential downstream production facilities. 

Depending on the outcome of FFI’s studies, the parties may then negotiate the terms of an investment agreement to develop and construct a green hydrogen and/or green ammonia production facility on that land. 

FFI earlier this week announced plans to invest as much as $8.4-billion to build a green hydrogen project in Argentina, with a targeted 2.2-million-tonne-a-year production by 2030.

The company also announced plans to become the largest supplier of green hydrogen to the UK after striking a deal with construction giant J C Bamford Excavators (JCB) and Ryze Hydrogen, which will see JCB and Ryze purchase 10% of FFI’s global green hydrogen production, which is anticipated to grow to 15-million tonnes a year by 2030, accelerating to 50-million tonnes a year in the decade thereafter.