Hydrogen fuel cells and equipment to be manufactured in Victoria under new H2X deal

Hydrogen vehicle maker H2X has today announced a deal with Gippsland Circular Economy Precinct which will see the pair manufacture a range of hydrogen-focussed products in Victoria’s Gippsland region. The move comes less than a week after Pure Hydrogen bought a significant stake in H2X Global.

The coal-rich region of Gippsland, which spans Victoria’s east, is moving to establish itself as a hydrogen centre of excellence, with fuel cell focussed startup H2X today announcing it will develop plans to manufacture in the region as part of a deal with the Gippsland Circular Economy Precinct (GCEP) proprietary limited company. The pair will look into producing hydrogen fuel cells, electrolysers, hydrogen-powered vehicles, as well as hydrogen power units including generators and emergency power supplies as part of the ambitious deal.

GCEP is a consortium of Gippsland-based businesses including Ferguson Civil, Solis RE and Nexsys Industries Consulting, which say they are driven by a shared desire to develop an integrated hydrogen economy in the region. With a long history in coal, Gippsland’s high level of engineering, power generation and manufacturing expertise was a major factor in the decision to establish the centre of excellence and renewables precinct in the area, executive director of GCEP, Brett Singh, said. So far, the members of GCEP have fostered significant investment in the region, securing Octopus Investments Australia and the Clean Energy Finance Council (CEFC) as investment partners who have wholly acquired the region’s Perry Bridge and Fulham Solar Farm projects. With the electricity from these projects, GCEP is looking to support green hydrogen initiatives.

Bringing in the fast growing H2X outfit, which has multiple arms stretching across the globe, is expected to help fast track the Gippsland precinct plans.

Less than a week ago, ASX-listed hydrogen producer Pure Hydrogen bought a 24% stake in H2X Global. The deal will see Pure Hydrogen become H2X’s preferred hydrogen supplier, and will usher in a new joint venture company, Pure X Mobility, which will develop and sell hydrogen fuel cell utility vehicles like waste disposal trucks and concrete agitators.

https://www.pv-magazine-australia.com/2021/10/27/hydrogen-fuel-cells-and-equipment-to-be-manufactured-in-victoria-under-new-h2x-deal/