SB Energy, a subsidiary of SoftBank Group Corp., and Elixir Energy, an Australian energy business, have signed an MOU to collaborate on the research and development of a green hydrogen generation project in Mongolia’s Gobi Desert.
SB Energy announced in a press release that the construction of this project would represent the company’s first foray into the green hydrogen industry.
SB Energy and Elixir intend to establish a green hydrogen generation project in Mongolia with a capacity of one gigawatt. The Nomgon IX Coal-bed Methane project is located in the South Gobi region of Mongolia and is owned by Elixir. SB Energy runs the 50 MW Tsetsii Wind Farm in the Gobi Desert through a Mongolian-based joint venture.