NFE inks deal for Texas green hydrogen plant

US LNG firm New Fortress Energy said it has entered an agreement with compatriot hydrogen solutions firm Plug Power for a 120 megawatt industrial-scale green hydrogen plant near Beaumont, Texas.

Wes Edens-led NFE claims the facility would be one of the largest of its kind in North America.

It will leverage Plug’s proton exchange membrane (PEM) electrolysis technology and enable the production of more than 50 tons per day of green hydrogen.

Moreover, with the development of additional supporting infrastructure, the facility will be scalable to nearly 500 megawatts.

NFE says the project site is located on the banks of the Neches River in Jefferson County, affording proximity to industrial end-users as well as access to reliable power and “superior” logistics including rail, marine and existing pipelines that span the US Gulf Coast region.

The Port of Beaumont and broader Sabine-Neches Navigation District are home to an array of large-scale industrial facilities in the refining, petrochemical and other sectors that utilize hydrogen for desulfurization and feedstock processing, it said.

Most Popular

Energy Transfer seals Lake Charles LNG supply deals

Texas-based Energy Transfer has signed new supply deals for its planned Lake Charles LNG export facility in Louisiana as it works to take a final investment decision by the end of this year, according to its management.

Germany, Egypt seal FSRU charter deal

Germany's Ministry for Economic Affairs and Energy has signed a deal with Egypt's state-owned EGAS to charter the 174,000-cbm FSRU Energos Power.

Woodside terminates Commonwealth LNG SPA

Australian LNG player Woodside has terminated its two LNG sale and purchase agreements with US LNG terminal developer Commonwealth LNG.

More News Like This

Excelerate in $700 million senior notes offering

US FSRU player Excelerate Energy aims to raise about $700 million via an offering of unsecured senior notes due 2030.

Excelerate buys NFE’s Jamaica business for $1.05 billion

US FSRU player Excelerate Energy has entered into a definitive agreement with compatriot LNG player New Fortress Energy to acquire NFE’s business in Jamaica for $1.055 billion in cash.

NFE amends Puerto Rico gas supply contract

US LNG player New Fortress Energy has amended its recently extended 80 TBtu islandwide gas supply contract with the Puerto Rico Electric Power Authority.

NFE shipped 12 Altamira LNG cargoes

US LNG firm New Fortress Energy has shipped 12 liquefied natural gas cargoes from its FLNG project off Mexico's Altamira since August last year, while the company continues to move forward with work on its second unit, which will be installed onshore Altamira.