ASX Renewable Energy Stocks: Twiggy embarks on green hydrogen venture with NZ’s largest gas network

By Stockhead – 02/05/2022

Twiggy Forrest’s Fortescue Future Industries, the green arm of mining giant Fortescue Metals Group (ASX:FMG), is setting out on a new venture with New Zealand’s largest gas network, Firstgas Group to develop green-hydrogen projects and decarbonise New Zealand’s energy system.

A non-binding Memorandum of Understanding has been signed by the two entities to identify opportunities to produce and distribute green hydrogen across New Zealand.