Ballance Agri-Nutrients and Hiringa Energy have confirmed a joint development agreement for a $50m clean-tech project in Taranaki to produce green hydrogen using renewable energy.
The project will be based at Ballance’s Kapuni ammonia-urea plant and is seen as a catalyst for the development of a sustainable green hydrogen market in New Zealand to fuel heavy transport.
The renewable hydrogen hub will consist of both renewable energy and hydrogen production.The project brings together hydrogen technology and the specialist technical capabilities in the region to leverage existing infrastructure for the benefit of New Zealand.
“Working with Hiringa we have a truly unique opportunity to create a hydrogen ecosystem at Kapuni – powered by renewable energy - that we can grow and develop as a template for New Zealand’s leadership in what is an exciting space globally,” said Mark Wayne, Ballance Agri-Nutrients CEO.
“This will create a foundation for a hydrogen market in New Zealand so that we can start more aggressively taking carbon and other pollutants out of heavy transport, and develop other high-value uses for green hydrogen in our economy as part of our low-emissions future,” said Andrew Clennett, CEO of Hiringa Energy.
The Kapuni Green Hydrogen production alone is expected to generate sufficient green hydrogen to supply up to 6,000, or 300 buses and trucks per year .
Clennett says the project has national significance and is linked with Hiringa’s development of a hydrogen supply and refuelling network in New Zealand to enable the use of hydrogen fuel cell technology for zero-emission heavy transport.
Under the joint development agreement, the two companies are planning the construction of up to four large wind turbines to the Kapuni site, and also power electrolysers to produce high-purity hydrogen.
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