Fortescue breaks ground on its first U.S. green hydrogen production facility

On 3 May, Fortescue marked a new phase in the development of the company’s $550 million venture into green hydrogen production in the United States, the first of its planned green energy investments in North America, with a soil-turning ceremony and renaming of its green hydrogen facility in Buckeye, Arizona, to Arizona Hydrogen.

Arizona Hydrogen is slated to produce up to 11,000 tons of liquid green hydrogen annually and is strategically positioned to significantly contribute to the decarbonization of the heavy-duty on-road transportation sector. The southwest market consumes approximately five billion gallons of diesel annually in heavy-duty transport, making the Phoenix Hydrogen Hub a vital player for reducing emissions in the mobility sector.

According to new economic data from NDP Analytics, during the two-year construction phase, Arizona Hydrogen has the potential to create up to 2,244 direct, indirect, and induced jobs that could earn $124.2 million in wages. The facility could add $187.8 million to Arizona’s GDP and generate a potential $31.7 million in income and sales taxes for state and local governments.

During the operation phase, Arizona Hydrogen is expected to employ 40 people at the facility itself, as part of a potential 431 direct, indirect, and induced jobs that could earn $29.3 million in wages. Arizona Hydrogen could also add $59.2 million to Arizona’s GDP, and generate $9.1 million income and sales taxes for state and local governments annually.

HTW Editorial Team

HTW Editorial Team

News brought to you by our editorial team. We are a knowledge platform – driving technology to the global hydrogen community. If you wish to contribute your press, please contact us.