Levinger Regens Announces Planned Green Hydrogen Project in Australia

By: PRLog

April 17, 2023 at 17:16 PM EDT

The initiative can spur regional economic development by providing opportunities for existing local businesses

SEOUL, South Korea - April 17, 2023 - PRLog -- Levinger Regens, an established financial advisory and strategic consultancy services provider with deep market knowledge, a dynamic network of information, and derivatives solutions, today announced a collaborative investment to proceed with plans to build a promotional green hydrogen manufacturing facility in a regional city located in Australia.

The project will be phased in, with the first phase producing 15 tonnes per day (tpd) of green hydrogen for export as green ammonia. From a 440MW electrolyzer, the full-scale facility will create 100tpd of green hydrogen at full capacity, allowing it to meet both export and domestic supply needs. A regional smelter will use the oxygen produced during hydrogen generation.

In comparison to establishing a project on a new greenfield location, existing infrastructure will be leveraged to speed up the generation of green hydrogen. The project will serve as the foundation for a new green hydrogen area, which will benefit local businesses and help to decarbonize transportation and manufacturing.

Levinger Regens will use clean energy sources to power the project's electrolyzer, helping to decarbonize the existing smelter's power supply.

Levenger Regens expands its global presence in the rapidly evolving renewable energy sector, and the project will provide the company with a once-in-a-lifetime opportunity to participate in the establishment of a new energy industry while also providing jobs for local communities.

Ghim Byung, Head of Power Trading at Levinger Regens said: "We anticipate strong early interest in joining the green hydrogen area, with the possibility for the region's heavy vehicle transportation industry to study hydrogen refueling possibilities. Levinger Regens is also expected to engage with mining and other energy-intensive industries across the area in the future to examine the prospects the precinct provides for them to decarbonize through the use of green hydrogen."

About Levinger Regens

Levinger-Regens.com is an established financial advisory and strategic consultancy services provider with deep market knowledge, a dynamic network of information, and derivatives solutions. Levinger Regens specializes in commodity, futures and options trading with an extensive reach throughout the Asia-Pacific region and offers its clientele a hoard of beneficial market solutions. The company's services include commodity and futures trading, wealth and financial planning, brokerage and investment advisory and more. The company works alongside traders, investors, farmers, producers, manufacturers, retailers, governments, and other organizations to fulfill a common purpose - to serve the world in a safe, responsible, and sustainable way.