500-MW Hydrogen Power Plant Planned in Arkansas

URLhttps://www.powermag.com/500-mw-hydrogen-power-pla
SourcePower
Date Published05/15/2023
Author NameDarrell Proctor

Additional Reshoring Information:

Company/Division name Syntex Industries
Parent companySyntexNRG
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2023
Year reshoring implemented or to be implemented:2026
Capital investment ($):250
City reshored to:Clarksville
State(s) reshored to:AR
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredHydrogen
What non-domestic negative factors made offshoring less attractive?Green considerations
What domestic positive factors made reshoring more attractive?Eco-system synergies, Govt. Policy and subsidies, Higher productivity, Lead time/Time to market, Proximity to customers/market, IRA
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