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Fortescue Future Industries Enters Ethiopia to Produce Green Energy

Fortescue FFI

Ethiopia grants license to Fortescue Future Industries (FFI) for the production of green hydrogen and ammonia. Ahmed Shide, Minister of Finance, noted that the company would increase Ethiopia’s access to green energy.

Fortescue’s CEO Julie Shuttleworth, on her part, stated that Ethiopia was suitable for green energy. FFI will export green energy after it commences production.

The Australian company is building a global portfolio of renewable green hydrogen and green ammonia projects to produce 15 million tonnes per year of green hydrogen in 2030.


 

Source (Including Image): Fana BC

Additional Source: Fortescue Future Industries