Greek industrial group acquires stake in Australian hydrogen project

·

A Greek industrial conglomerate, Mytilineos SA, has acquired a 15 percent stake in an Australian project that aims to produce green hydrogen with solar energy and use it in transportation.

The project, 560-MW Rosedale, is owned by Australian green hydrogen developer, Clara Energy.

Mytilineos SA will support stage 1 of the Rosedale project to construct a hydrogen generation facility in New South Wales.

The facility will be powered by solar production that will fuel long-haul trucks and vehicles that travel on the Hume Highway, a busy motorway between Sydney and Melbourne.

Photo via US DOE/PV Magazine.

“We are now offering green hydrogen services to large-scale facilities along motorways, so that decarbonsisation can proceed smoothly in international transport,” Chief Executive Director of Mytilineos, Ioannis Kalafatas, said.

“Mytilineos’ presence in many countries facilitates access to a very large pool of associates that are constantly at the forefront… We hope that this project in Australia will not be the only one and that we will soon have new projects.”

Source: Renewables Now.

Share:

KEEP UP TO DATE WITH TGH

By subscribing you accept our Terms of Service and Privacy Policy.

Latest News

Turkey moves to revive talks on reopening historic Orthodox seminary

Turkish President Recep Tayyip Erdogan has ordered officials to resume discussions on reopening the historic Halki Seminary.

US-Iran talks face uncertainty after Trump threats trigger walkout

US-Iran negotiations aimed at resolving tensions over the Strait of Hormuz have been disrupted after Iranian negotiators walked out of talks.

Greek Community of Melbourne defends multicultural Australia after Hanson remarks

The Greek Community of Melbourne has reaffirmed its commitment to multiculturalism following comments made by Senator Pauline Hanson.

The little-known intercultural primary school in Athens

There's a little-known primary school in Athens that is doing important work - the Intercultural Primary School of Alsoupolis.

The Greek Podyssey celebrates first anniversary

The Greek Podyssey, the bilingual podcast celebrating Greek culture, heritage, and the Greek diaspora, marks its first anniversary this year.

You May Also Like

Gravanis brothers expand hospitality empire with $54 million Sydney hotel

Sydney pub owners Bill and Mario Gravanis have acquired a $54 million hotel in Sydney’s south-west. Read more here.

‘There is no Kytherian house without relatives in Australia’: Mayor Efstratios Charchalakis

The Mayor of Kythera, Efstratios Charchalakis, speaks with The Greek Herald about the Kytherian diaspora in Australia.

Remembering a Greek film legend – Kostas Hatzichristos

Kostas Hatzichristos was one of the most renowned comedic, theatrical performers, having a successful career in the film industry spanning over 60 years.