In March 2021, Ark Energy reached an agreement with ACCIONA to acquire a 30% stake in the 923.4MW MacIntryre Wind Farm exercisable at Final Investment Decision. ACCIONA will develop, build, own and operate the project in partnership with Ark Energy. The scale of MacIntyre Wind Farm makes it one of the largest onshore wind farms
Ark Energy’s first hydrogen hub, called ‘SunHQ’, will be located within a major industrial precinct at the Sun Metals zinc refinery in Townsville, North Queensland. Phase 1 of SunHQ will involve a 1MW PEM electrolyser which will produce green hydrogen from a behind-the-meter connection to the co-located 124MWac Sun Metals solar farm. Compression, storage and
Our sister company, Sun Metals Corporation, whose zinc refinery is the second largest single-site energy consumer in Queensland has pledged to power its entire operations with 100% renewable electricity by 2040, with an interim target of 80% by 2030. Ark Energy is committed to back Sun Metals’ courage to be the first refinery in the world
Our parent company, Korea Zinc, has given a A$17 million boost in the form of a financing agreement to the CopperString 2.0 project which is a 1,000km high-voltage transmission line that will connect Mount Isa and the North West Minerals Province to the National Electricity Grid in Townsville. CopperString 2.0 is expected to unlock substantial new investment
Ark Energy is pleased to announce that the 923.4MW MacIntyre Wind Farm which we’re developing in partnership with ACCIONA has received development approval by Queensland’s State Assessment and Referral Agency (SARA) to build the project. Read More
Ark Energy is delighted to be a founding member of the Hyzon Zero Carbon Alliance which was launched on #earthday 2021. We look forward to working with Hyzon Motors and other members (AXA, Bank of America, Hiringa Energy Ltd, Modern Group, NEOM, Raven SR, ReCarbon Inc. and Total) to develop hydrogen ecosystems and lifecycle solutions that will enable customers to viably make the transition to cleaner hydrogen
Ark Energy’s mission is to become the safest and most competitive producer of green hydrogen in the world.
Ark Energy aims to redefine the ‘R’ which has underpinned the bilateral relationship between Australia and Korea for the past 50 years from Resources (and fossil fuel energy) to Renewables (and green hydrogen) and create a new growth engine for the next 50+ years.
Ark Energy also aims to bring forward the decarbonisation of Australia’s heavy haulage transport sector by at least 5 years.