Guys I have been copied article's text from the paper photo so please read it.
Green project feels heat
Renewable energy land battle as FMG eyes Gascoyne for exploration
DANIELLE LE MESSURIER
A renewable energy land grabin the Gascoyne between the Andrew Forrest-chaired Fortes cue Metala Group and mineral exploration company Province - Resources is turning into a bat tle of the billionaire backers.
Fortescue has in recent months applied for dozens of exploration licences surround ing Province and Total Eren's green hydrogen project, smap
Leadership
ping up huge areas of land in what is considered to be prime renewables territory.
The HyEnergy project near Carnarvon, which has world- class solar and wind resources could produce SGW of renewa ble energy each year for use locally and for export. It's a potential 12.111ha development site for HyEnergy
The project would be owned in a 50-50 arrangement by Province and its France-based partner.
Total Eren, when completed. Total Eren is considered a renewable energy leader, with more than 3.5GW of power plants worldwide. It is partly owned by global energy bebe moth TotalEnergies, which holds about a 30 per cent stake
Asked whether Province was concerned about Hy Energy being bosed in by Fortescue tenements, chief cutive David Franom said Province had been able to lay claim to the land
it required as first movers "FMG came much later (missed out on the best generative area) and penged the rest of WA as see ond place," he said in a response over email "We have Total Eren who
are 34 per cent owned by TotalE
nergies (1U50.25 trillion annual
reventie) as partners who are
mach much larger than FMG." Filings by TotalEnergies show the company in fact enjoyed SUS40 billion c5192b0) sales reve
mue in 2020 and $US200b-plus in both 2019 and 2018. Fortescue chief executive Elizabeth Gaines confirmed it had submitted exploration toence applications over tenements in the Gascoyne but said there was no time frame yet for exploration activities
Mr Forrest wants to produce massive amounts of green hydrogen from wind and solar farms in the Pilbars through clean energy subsidiary Fortes cue Future Industries.
- Forums
- ASX - By Stock
- PRL
- PRL Media/news
PRL Media/news, page-963
-
-
- There are more pages in this discussion • 2,851 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PRL (ASX) to my watchlist
(20min delay)
|
|||||
Last
4.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $48.44M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
PRL (ASX) Chart |
Day chart unavailable
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online