EEW is set to become a player in the development of green hydrogen with a major Australian development (the Project).EEW has already developed and owns a 300-MW PV asset located in Raglan, which is at the ready-to-build stage. The group now plans to combine the PV plant with the Project to produce renewable energy for green hydrogen production, developing a 200-MW hydrogen plant with a further 100 MW allocated to energy storage. The hydrogen plant will produce 33,000 t of green hydrogen per year using electrolyzer technology.The Project represents one of the world’s largest green hydrogen and solar PV developments and is located in Raglan near the Port of Gladstone, Queensland. The Project’s total cost represents an estimated AUD$0.5 B.EEW has subsequently entered into a partnership with an internationally recognized hydrogen electrolyzer manufacturer as a technology partner. Project construction will start as early as Q3 2022.