Canford Renewable Energy has secured £6.5m ($8.86m) in funding to deliver its Dorset Green H2 facility.
Dorset Green H2 is being funded via a £3m loan from Dorset Local Enterprise Partnership (LEP), a £1.5m grant from Low Carbon Dorset, and a £1.7m loan from NatWest.
The remainder comes from equity funding raised by Canford Renewable Energy.
The facility, the first of its kind in the south west of England, will utilise green hydrogen to supply several key industries.
The hydrogen production will be fuelled by a 5MW solar panel array at the site, supplemented by electricity produced from the site’s existing landfill gas.
This energy this will power a 0.87MW electrolyser, producing up to 120,000kg of green hydrogen fuel each year to be compressed, stored, and sold for local and regional use as a carbon free fuel.
Eddie Hughes, Housing Minister for the Department for Levelling Up, Housing & Communities, said: “I am delighted to see funding go towards such a positive development in the South West, a real catalyst for a green hydrogen economy in Dorset. It is a priority of this Government to level up opportunities and create a greener, more sustainable future.”
Nathan Ross, managing director of Canford Renewable Energy, added: “Canford Renewable Energy is an experienced, long-term developer and operator of renewable energy infrastructure.
“Dorset Green H2 is leading the way for the development of a hydrogen economy in Dorset and the South West, and we are looking to bring forward other green hydrogen production projects in the region.”
Image: Plans for the South Bank Quay (Credit: Teesworks)
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