MMEX exploring wind power-based inexperienced H2 undertaking in Argentina

April 29 (Renewables Now) – US vitality agency MMEX Sources Corp (OTCMKTS:MMEX) has teamed up with the provincial authorities of Tierra del Fuego, Argentina, to discover a inexperienced hydrogen undertaking underpinned by a 160-MW wind farm within the Rio Grande space.

MMEX stated on Thursday the potential undertaking could be geared toward producing 55 tonnes of hydrogen per day. The corporate would make investments USD 500 million (EUR 476.8m) to develop the scheme, CEO Jack W Hanks, acknowledged.

The ultimate goal of this initiative could be to implement a inexperienced hydrogen node destined to export the gasoline to Europe and Asia, the governor of the Tierra del Fuego province, Gustavo Adrian Melella, was quoted as saying in MMEX’s press launch.

MMEX stated it had just lately accomplished a front-end engineering design research with electrolysis gear producer Siemens Vitality AG (ETR:ENR) for the Tierra del Fuego hydrogen undertaking.

The corporate additionally signed a memorandum of understanding (MoU) with Siemens Vitality and wind turbine maker Siemens Gamesa Renewable Vitality SA (BME:SGRE) to outline the wind energy facets of the Argentine endeavor, in accordance with the press launch.

(USD 1.0 = EUR 0.954)

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