The renewable energy company on Wednesday (March 16) unveiled its ambitions, having inked an agreement with ILF to develop a concept study for the desired facility.
According to project plans, the 20GW water electrolysis complex will be powered by a 30GW wind and solar PV farm to produce two million tonnes of green hydrogen annually.
It is hoped hydrogen production will begin in 2030.
Wolfgang Kropp, CEO of Svevind group, said, “This Concept Design Study will be the first milestone in engineering the Mangystau green hydrogen project, a project unprecedented in scope, size and complexity aiming to deliver large amounts of green hydrogen and ammonia to Eurasian markets at competitive costs.
“We are glad to cooperate with ILF Consulting Engineers and ROLAND BERGER for this Concept Design, well reputable, very experienced consultants with broad knowledge in energy, hydrogen projects and about the region.”
Dr. Michel Kneller, Director of Hydrogen at ILF, added, “ILF is excited to be part of such a ground-breaking project. We truly believe that hydrogen and its green derivatives are an important component of a sustainable energy policy, and Svevind s green hydrogen projects are an important milestone towards the scaling up of green hydrogen projects.”
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