Australia and Germany set aside $90M for green hydrogen supply chain

For a cooperative project to create a green hydrogen supply chain, Australia and Germany have set aside A$50 million ($35.5 million) and 50 million euros ($54.4 million), respectively.

The German-Australian Hydrogen Innovation and Technology Incubator (HyGATE) initiative will fund four projects as part of the bilateral alliance on hydrogen production and commerce that the two nations agreed in June 2021.

The partnership enables Germany to use greener sources of energy to meet its expanding energy needs while also assisting Australia in improving its infrastructure for exporting renewable energy.

Vast Solar and Solar Methanol Consortium, two Australian cleantech companies, received subsidies totaling A$19.48 million and A$13.2 million, respectively, to build a 10 MW electrolyser that produces green hydrogen for solar methanol production in Port Augusta, South Australia.

Another grantee, the electrolyser manufacturer Hysata, received A$8.98 million to collaborate with the Fraunhofer Institute for Production Technology in Germany to create a novel “capillary-fed” electrolyser that will provide affordable hydrogen at Port Kembla, New South Wales.

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