Green Harvest, a Taiwanese energy integration company, has recently signed Hydrogen Utility (H2U), the first green hydrogen development agreement with Australia.
Under the agreement, Australia is expected to begin transporting green ammonia to Taiwan in 2028.
Why did Green Harvest choose to cooperate with Australia to take an early lead in the hydrogen energy market? What opportunities do they see?
Green Harvest's Chairman Chen Kun-hong talks about the strengths of green hydrogen production in Australia and hopes more Taiwanese companies will invest in the industry. (Photo: Hsu Tsu-lin)
After a year of evaluation in both Taiwan and Australia, Green Harvest announced on May 2 that it has become the exclusive partner of the cross-border green hydrogen project H2U in Taiwan.
Green Harvest's Chairman Chen Kun-hong (陳坤宏) said that the company’s introduction of green hydrogen was motivated by its involvement in Shalun Smart Green Energy Science City (SSGESC), a BOT project in Tainan, in 2022, when the company founded Smart Harvest, a franchise company with Acer.
Smart Harvest focuses on the installation of solar power generation and energy storage facilities, a smart grid, and the establishment of an energy management integration center at SSGESC, with the goal of achieving 100% renewable energy penetration during peak hours in the park.
According to Chen, 80% renewable energy penetration can be easily achieved with Taiwan's existing solar and wind resources, but to reach 100%, it must rely on energy storage or the use of green hydrogen and green ammonia.
When the company's research team had the opportunity to participate in a meeting between Taiwan's Energy Administration and the investment arm of the Australian state of Queensland, they noticed Australia's strengths in green hydrogen production.