Vast Renewables and German energy company Mabanaft GmbH & Co. KG have received planning consent for Solar Methanol 1 (SM1), a concentrated solar thermal (CSP) powered reference plant that will produce green fuels for export.
In April Vast executed engineering contracts to complete Front-End Engineering Design (FEED) for the plant, which designed to produce up to 7,500 tonnes of green methanol per annum to help decarbonise the global maritime industry.
Backed by $65 million from the Australian Renewable Energy Agency (ARENA), SM1 will utilise Vast’s proprietary 30 MW / 288 MWh CSP v3.0 equipment to generate clean, low-cost, dispatchable power with over eight hours of thermal energy storage.
Methanol derived from green hydrogen is already being used to power major container vessels.
The plant is will utilise a Leilac calcination plant from fellow Australian technology company Calix to capture carbon dioxide unavoidably produced in the making of cement and lime, an electrolysis plant to produce hydrogen, and a methanol plant.
The project supports South Australia’s push to develop a domestic hydrogen industry and, if successful, could create an important pathway for scalable green fuel production that is not dependent on limited biomass resources.
Additional funding of up to EUR 12.4 million has been granted to project partner Mabanaft by Projektträger Jülich (PtJ).
The funding is part of HyGATE, a collaboration between the Australian and German governments to support real-world pilot, trial and demonstration projects along the hydrogen supply chain.
Tags: FEED, Mabanaft, Vast renewables
Recent Posts
Zero-carbon ammonia for shipping faces challenges
Wärtsilä signs lifecycle agreement for 7 Capital Gas LNG carriers
ABS releases report on nuclear LNG carrier design
NTPC develops indigenous catalyst for methanol production
Huangpu Wenchong receives AIP from CCS for ships using methanol and ammonia
Climate change will cause India’s GDP to decline by 24.7% by 2070: ADB
Masdar and EMSTEEL complete project using green hydrogen to produce steel
DNV Grants HHI AiP for ammonia DF large container vessel