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Mitsubishi, Shell to collaborate on generating green hydrogen from 4GW of offshore wind farms in the Netherlands

Source:  Update:2022-04-11 19:55:27 Author:  Browse:303

An agreement has been established that will see Mitsubishi and Shell collaborate to generate green hydrogen from around 4GW of offshore wind farms by 2030.

This is according to Yomiuri News who said that the total investment in the project is expected to reach around $2bn.

The wind farms will be created in the Netherlands and will support the scaling of the industry and energy independence in light of the Russian-Ukraine conflict.

With large-scale hydrogen generated as a result of the collaboration, Europe will be able to decarbonise various sectors in its society across mobility, industry and manufacturing.

The joint venture additionally supports Mitsubishi raise its profile in the EU and support hydrogen innovation in the region.

This could then be used to integrate similar projects in Asia and support the global adoption of hydrogen.

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