Chinese auto giant, Geely, is set to embark on a colossal green methanol project in Inner Mongolia, marking a significant stride towards sustainable energy production.
Inner Mongolia Liquid Sunshine Energy Technology, the subsidiary spearheading this endeavor, has received approvals for a plant with an initial capacity of 500,000 tonnes per year, fueled by wind and solar power. What sets this project apart is its potential to scale up to a staggering 100 million tonnes of annual production, revolutionizing the landscape of global methanol production.
The primary goal of Geely’s subsidiary is to establish a green methanol production facility, addressing the environmental concerns associated with traditional methanol production that heavily relies on fossil fuels. The project’s ambition extends beyond the immediate construction, with long-term targets envisioning an annual capacity equivalent to the current global methanol production, a substantial leap towards sustainability.
The technological backbone of this project lies in harnessing wind and solar power for the initial 500,000 tonnes per year phase. To achieve this, it is estimated that at least 1GW of electrolysers would be required for hydrogen production, a crucial component of green methanol synthesis. The facility’s exact electrolysis capacity remains undisclosed, but the emphasis on renewable energy sources indicates a commitment to a cleaner and more efficient process.
If successfully executed, Geely’s green methanol project has the potential to reshape the global methanol production landscape.
