Andrew Forrest’s Fortescue axes US green hydrogen partnership

Australia’s biggest promoter of green hydrogen, Andrew Forrest, has axed an investment pact with US hydrogen giant Plug Power in the latest blow for the hyped clean energy power source, as developers pull back from projects following the election of Donald Trump.

Green hydrogen hopes up in smoke

Australia’s green hydrogen ­industry has failed to fire, with 99 per cent of a $100bn supply pipeline failing to progress ­beyond the concept stage, punching a hole in Anthony Albanese’s aim to develop a major export ­industry by 2030 and meet net-zero goals.

Hancock Energy is a Hancock Prospecting company.

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