Fortescue Future Industries (FFI), an Australian company, is funding an initiative by PsiQuantum to develop green hydrogen at a lower cost.
As part of the collaboration, FFI and Qlimate’s will together work on quantum solutions in the green hydrogen sector.
The joint effort will help in creating a broader strategy for developing computing algorithms that will solve impediments in the modelling of Proton Exchange Membrane (PEM) technology and pulse electrolysis.
FFI aims to reach an annual green hydrogen production of 15 million tonnes by 2030 and 50 million tonnes by 2040.
Tags: Australia, FFI, Green Hydrogen, PEM, PsiQuantum
Recent Posts
Vedanta Aluminium signs pact with GAIL for supply of natural gas
HMM introduces South Korea’s first LNG-powered vessels
NGEL inks pact with NREDCAP in Andhra for RE projects
Global warming won’t end if net zero is redefined
The Liberian Registry and Korean Register (KR) grant AiP to Samsung
To satisfy decarbonization targets, Big Oil invests billions in the manufacture of biofuel
ISO issues standards for methanol as a marine fuel
Amazon, partners to test electric trucks on a freight corridor in India