In the Midwest of Western Australia, Xodus will design a sizable export-scale green hydrogen project with an anticipated electrolyzer capacity of up to 1,000 MW.
MercurHy is the project’s name, and it will be built up gradually to give the green hydrogen market enough time to develop and finally profit from electrolyzer price drops.
Phase 1 is supposed to begin with 150 MW, Phase 2 with 500 MW, and Phase 3 with a gigawatt of capacity.
Stephen Swindell, managing director of Xodus, claims that the company has been leading the initiative since its inception and has now gathered partners to achieve shared success.
Xodus has inked a memorandum of understanding (MoU) for hydrogen supply with pure-play silica sand company VRX Silica Ltd which intends to manufacture solar panels locally to meet domestic and global demand. This agreement is currently in the investor engagement stage. The consultant also claims to have support from local landowners and the state government, as well as advanced discussions with other potential off-takers.
The project’s goals, according to Swindell, are to advance the supply chain, lower technological risks, and cut costs.
