The electrolyzer is the precursor that has to happen before green hydrogen does and we’re starting to settle into a rhythm where every other week a new positive announcement is released regarding electrolyzer gigafactories. This time around, Fortescue, owned by Australian billionaire Andrew Forrest, has commenced production of proton exchange membrane (PEM) electrolyzers at its Gladstone factory in Australia. The company also revealed plans to expand its presence in the United States following the passage of the Inflation Reduction Act (IRA). The company will invest $35 million in establishing an Advanced Manufacturing Center in Michigan, aiming to make it a significant hub for producing automotive and heavy industry batteries, hydrogen generators, fast chargers, and electrolyzers. The company’s Phoenix Hydrogen Hub…