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Commencement of PoC for Green Hydrogen Production, Transportation and Utilization in Australia and Indonesia

Marubeni Corporation (hereinafter, “Marubeni”) will start production of economical green hydrogen (hereinafter, “green hydrogen”) in South Australia (hereinafter, “SA”), transportation of hydrogen by metal hydride tanks to Indonesia and utilization of hydrogen through fuel cells (hereinafter, the “PoC” or Proof of Concept). The PoC has been adopted under the Japanese Ministry of the Environment’s “Financing Programme for Joint Crediting Mechanism Model Projects (hereinafter, “JCM”) in FY2021". Australia is aiming to realize a low carbon society and a significant number of renewable power stations have been installed in its electricity market. However, such an increase in renewable energy is

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