Fortescue is planning a Phase One of the Phoenix Hydrogen Hub, an 80 megawatt electrolyser and liquefaction facility, capable of producing up to 12,000 tonnes of liquified green hydrogen annually, which will be sold to the mobility sector. One of the potential off-takers is Nikola Motors.
To hit the target of 12,000 tonnes of liquified green hydrogen annually, which will be sold to the mobility sector, that would equal roughly 33 tonnes per day.
Now have a read of this article I posted a link to a few days ago. It highlights:
https://h2-international.com/2023/02/14/nikola-motors-short-sellers-determine-the-stock-market-price/
300 tonnes H2 per day could potentially = a turnover of 300 million USD.
30 tonnes H2 per day could potentially = a turnover of 30 million USD.
Note: The PHH project has further capacity to scale up production to help meet future demand.
Listen to this interview December 2022 with Shawn Drost the cofounder and CEO of Phoenix Hydrogen.
https://podcasts.apple.com/ca/podcast/shawn-drost-phoenix-hydrogen-building-amazon-com-for/id1604096548?i=1000590942086
Other reference
https://www.phoenixhydrogen.com/
Tony
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