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Proposal from Abel Energy with the backing of Iberdrola has led to an in-principle agreement with the state government to buy the site of an old gas plant.
ABEL Energy did not disclose the price of the site, which hosts a highly coveted deep water shipping berth crucial for exporting green methanol.
While the shipping industry is moving quickly to embrace methanol and e-methanol/green methanol as its emerging leader for alternative fuels, ensuring...
Iberdrola Australia and hydrogen developer ABEL Energy have announced they will be working together to deliver a green hydrogen and green methanol production facility at Bell Bay, in northern Tasmania, backed by new renewable energy generation within the state. The total estimated capital requirement for the methanol and renewable energy project is in the order of $1.7 billion.
Clean energy company Iberdrola Australia has partnered with hydrogen developer ABEL Energy for a green hydrogen and green methanol project at the Bell Bay production facility, known as the Bell Bay Powerfuels Project, in northern Tasmania.