Close Menu
Energy NewsEnergy News
  • NEWS
    • Breaking News
    • Hydrogen
    • Energy Storage
    • Grid
    • SMR
    • Projects
    • Production
    • Transport
    • Research
  • SPOTLIGHT
    • Interviews
    • Face 2 Face
    • Podcast
    • Webinars
    • Analysis
    • Columnists
    • Reviews
    • Events
  • REGIONAL
    • Africa
    • Americas
    • Asia
    • Europe
    • Middle east
    • Pacific
  • COMMUNITY
  • ABOUT
    • Advisory Board
    • Contact us
    • Report Your News
    • Advertize
    • Subscribe
LinkedIn X (Twitter) YouTube Facebook
Trending
  • Hy24 Joins Hynamics UK to Back £300M Green Hydrogen Project at ExxonMobil’s Fawley Complex
  • Primary Hydrogen Advances Natural Hydrogen Exploration in Atlantic Canada
  • Legal Challenge Halts Brazil’s Coastal Hydrogen Project Over Environmental Violations
  • Hyundai Bets on Indian Hydrogen Ecosystem with New R&D Hub at IIT Madras
  • Falling Capture Rates and Rising Volatility Reshape Investment in European Power Markets
  • Why Most Hydrogen Research Will Never Scale—and How Balkan Labs Are Quietly Changing the Game
  • E.ON Cancels 20MW Hydrogen Plant in Essen
  • Repsol Abandons 130MW Hydrogen Project in Puertollano Amid Economic and Technical Concerns
LinkedIn X (Twitter) YouTube Facebook
Energy NewsEnergy News
  • NEWS
    • Breaking News
    • Hydrogen
    • Energy Storage
    • Grid
    • SMR
    • Projects
    • Production
    • Transport
    • Research
  • SPOTLIGHT
    • Interviews
    • Face 2 Face
    • Podcast
    • Webinars
    • Analysis
    • Columnists
    • Reviews
    • Events
  • REGIONAL
    • Africa
    • Americas
    • Asia
    • Europe
    • Middle east
    • Pacific
  • COMMUNITY
  • ABOUT
    • Advisory Board
    • Contact us
    • Report Your News
    • Advertize
    • Subscribe
Energy NewsEnergy News
Home Home - Projects
Green Hydrogen H2 News

Samsung joins MEG HP1 green hydrogen project

Arnes BiogradlijaBy Arnes Biogradlija20/02/20233 Mins Read
Share
LinkedIn Twitter Facebook Email WhatsApp Telegram

The green hydrogen project led by former Woodside CEO Peter Coleman has welcomed South Korean firm Samsung C&T as a significant equity partner. This will be both companies’ first attempt to produce carbon-free fuel on Australian soil.

The “MEG HP1” project, which would electrolyze water into “green hydrogen” close to Northam’s Western Australian wheat belt town, is 100% owned by Mr. Coleman’s Infinite Green Energy.

However, Infinite Green’s CEO, Stephen Gauld, stated that the company was in the process of enlisting additional partners for the Northam project, lowering its ownership position down to more or less 40%.

The first of those partners will be Samsung. It is preparing to pay an undisclosed amount for a stake of an undisclosed size.

The partners intend to make a final investment decision (FID) before the end of 2023, and it is anticipated that the first phase of the Northam project will cost $110 million to construct.

This FID adds to a significant year for hydrogen; Fortescue will finish its Gladstone hydrogen electrolyzer factory by the end of the year and will also take five FIDs before Christmas.

Infinite Green’s Northam project is expected to be smaller than the green hydrogen projects being proposed for Australia’s north-west because it would be concentrated on domestic hydrogen customers rather than exports.

About 1460 tonnes of production are anticipated to be produced annually, and these volumes are anticipated to be sold to fleet owners of heavy vehicles like garbage trucks.

The Northam project is intended to be a teaching tool that will better prepare Infinite Green to develop more substantial hydrogen projects, such as its flagship Arrowsmith project.

The European Union (EU) established a clear definition for how hydrogen should be manufactured to be termed “green,” which gave the green hydrogen business a boost on Tuesday.

The requirement that green hydrogen projects be powered by “additional” or brand-new renewable energy sources after 2028 is a crucial component of the new criteria.

The goal of the rule is to prevent the expansion of the green hydrogen industry from sapping the supply of power produced by existing renewable energy sources that would otherwise be put into the electrical grid.

The definition is a crucial step in achieving price premiums for “green hydrogen” over hydrogen produced from conventional fuels.

As Infinite Green purchased Carnegie Clean Energy’s Northam Solar Farm, Mr. Gauld stated that the company fully supported the new hydrogen regulations in Europe and would make sure that its Arrowsmith project was powered by new renewables.

According to him, “our flagship Arrowsmith project is a perfect example, receiving almost 90% of its annual power from large onsite renewables.

“Using large-scale generating certificate [LGC] offsets to green grid energy has a hefty price tag. Without substantial government subsidies, a project that uses just grid power and greens it through LGCs will not be viable.

Share. LinkedIn Twitter Facebook Email

Related Posts

Hy24 Joins Hynamics UK to Back £300M Green Hydrogen Project at ExxonMobil's Fawley Complex

Hy24 Joins Hynamics UK to Back £300M Green Hydrogen Project at ExxonMobil’s Fawley Complex

09/07/2025
Hydrogen

Primary Hydrogen Advances Natural Hydrogen Exploration in Atlantic Canada

09/07/2025
Legal Challenge Halts Brazil’s Coastal Hydrogen Project Over Environmental Violations

Legal Challenge Halts Brazil’s Coastal Hydrogen Project Over Environmental Violations

09/07/2025
Hyundai Hydrogen

Hyundai Bets on Indian Hydrogen Ecosystem with New R&D Hub at IIT Madras

09/07/2025
Falling Capture Rates and Rising Volatility Reshape Investment in European Power Markets

Falling Capture Rates and Rising Volatility Reshape Investment in European Power Markets

09/07/2025
Hydrogen

Why Most Hydrogen Research Will Never Scale—and How Balkan Labs Are Quietly Changing the Game

08/07/2025
Hy24 Joins Hynamics UK to Back £300M Green Hydrogen Project at ExxonMobil's Fawley Complex

Hy24 Joins Hynamics UK to Back £300M Green Hydrogen Project at ExxonMobil’s Fawley Complex

09/07/2025
Hydrogen

Primary Hydrogen Advances Natural Hydrogen Exploration in Atlantic Canada

09/07/2025
Legal Challenge Halts Brazil’s Coastal Hydrogen Project Over Environmental Violations

Legal Challenge Halts Brazil’s Coastal Hydrogen Project Over Environmental Violations

09/07/2025
Hyundai Hydrogen

Hyundai Bets on Indian Hydrogen Ecosystem with New R&D Hub at IIT Madras

09/07/2025

Subscribe to Updates

Get the latest news from the hydrogen market subscribe to our newsletter.

LinkedIn X (Twitter) Facebook YouTube

News

  • Inteviews
  • Webinars
  • Hydrogen
  • Spotlight
  • Regional

Company

  • Advertising
  • Media Kits
  • Contact Info
  • GDPR Policy

Subscriptions

  • Subscribe
  • Newsletters
  • Sponsored News

Subscribe to Updates

Get the latest news from EnergyNewsBiz about hydrogen.

© 2025 EnergyNews.biz
  • Privacy Policy
  • Terms
  • Accessibility

Type above and press Enter to search. Press Esc to cancel.