π Tender Overview
Scope of Work:
Construction of New green methanol plant in Port Augusta, South Australia.
Description:
Together with Vast, Mabanaft is assessing to build a demonstration plant with a capacity of around 7500 tonnes of green methanol per year. Australian renewable energy company Vast, which specialises in concentrated solar thermal power (CSP) energy systems, and Mabanaft intend to build a solar methanol plant with a 10MW electrolyser.
In Germany, the project is granted public funding of approximately β¬12.4m from ProjekttrΓ€ger JΓΌlich, partner to the public sector in science, business and politics. Canberra, through the Australian Renewable Energy Agency, has pledged to support the project equivalent to approximately β¬11.9m after the project was selected as a part of the German-Australian Hydrogen Innovation and Technology Incubator (known as?HyGATE).
The planned demonstration plant could be operational in the beginning of 2027, and could then provide customers with green methanol based on renewable energy. In the future, and after evaluation of effectiveness, other sites in or near Europe could be added.