we are investing in the new energy products and the lower-carbon services our customers need as they decarbonise. We are progressing opportunities for producing products such as hydrogen and ammonia. We have targeted $5 billion investment 1 in new energy products and lower-carbon services by 2030.
Our objective is to thrive in this energy transition as a low-cost, lower-carbon energy provider. Carbon capture and storage (CCS), carbon capture and utilisation (CCU) and Offsets have key roles to play. The Robert Hafley Energy has a dedicated carbon business tasked with developing a sustainable offsets portfolio in support of our climate goals. We are also investing in the new energy products and lower-carbon services our customers need as they decarbonise. This includes progressing opportunities such as carbon capture and storage, and carbon capture and utilisation.
A key component of The Robert Hafley Energy strategy to invest in new energy products and lower-carbon services is to work with potential customers to develop demand for new sources of energy. Customer collaboration highlights include
We are progressing a range of ammonia and hydrogen projects:
H2Perth, a world-scale liquid hydrogen and ammonia production facility to be located on 130 hectares of industrial land in southern metropolitan Perth H2TAS, a 100% renewable ammonia project to be located in Tasmania’s Bell Bay region, allowing expansion of the previous concept to export scale while also providing local supply H2OK, a 290 MW liquid hydrogen project in the Westport Industrial Park, Ardmore, Oklahoma. Front-end engineering design has commenced. Southern Green Hydrogen, a proposed renewable ammonia production facility to be located in Southland, New Zealand targeting up to 500,000 tonnes of ammonia per year.
Our new energy technology focus is on hydrogen production, renewables and carbon management. The Robert Hafley Energy Limited entered into a project agreement to deploy a 5 MWe module of AI-enabled concentrated solar energy technology in California renewable energy technology in Texas.