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Stanwell solar deal to power hydrogen production in Central Queensland

12/3/2021

Press Release - Stanwell

Stanwell Corporation’s proposed 3,000 MW green hydrogen electrolysis facility at Aldoga, 20 kilometres west of Gladstone, has moved a step closer to being powered by Queensland sunshine.

Stanwell, and international renewables company, ACCIONA Energia, have signed a Memorandum of Understanding (MoU) on future energy supply for the proposed hydrogen facility.

Stanwell, in partnership with Australian gas infrastructure company APA Group, and Japanese companies Iwatani Corporation, Kawasaki Heavy Industries, Marubeni and Kansai Electric Power Company, are developing a large-scale hydrogen project in Central Queensland, with the view to producing green hydrogen for export to Japan and use in local Gladstone industries.

Stanwell’s Chief Executive Officer, Michael O’Rourke, said the MoU with ACCIONA continues to highlight the importance Stanwell places on developing strategic partnerships across the supply chain to support the development of Queensland’s renewable energy future.

“Stanwell is developing a high-quality, value-for-money pipeline of renewable energy and storage projects to support its long-term objectives of providing low emissions solutions to commercial and industrial retail customers and supplying renewable energy to the CQ-H2 project,” Mr O’Rourke said.

“We will leverage the direct connection to the Aldoga Solar Farm to power stage one of the proposed CQ-H2 hydrogen facility, which is a positive step towards supporting the production of renewable hydrogen in the Gladstone region.

“Though a great milestone, our proposed facility will require substantially higher quantities of renewable energy to support the development of stage two.

“Our CQ-H2 consortium will continue to work hard to ensure we are collaborating with key partners across all parts of the supply chain to help drive down the cost of hydrogen technologies and support the development of the industry.”

ACCIONA Energia Managing Director, Brett Wickham, said they have a strong working relationship with Stanwell and are very excited to provide renewable energy supply to their innovative hydrogen project.

“As the world’s largest operator dedicated exclusively to renewable energies, ACCIONA Energia is always looking for opportunities to work with leading corporate and institutional clients to help them meet their decarbonisation goals,” Mr Wickham said.

“This MOU with Stanwell is just one example of how we are leading the transition to a low-carbon economy.”

The Aldoga Solar Farm is due to commence construction in September 2023, with generation output scheduled to commence in December 2025.