Queensland has opened the second round of the Hydrogen Industry Development Fund.
The Queensland Government committed a further $10 million in funding. Premier Annastacia Palaszczuk said the Hydrogen Industry Development Fund would help Queensland firms tap into growing global demand for hydrogen.
“We’re investing in this industry to create more jobs in Queensland. We have an opportunity to position Queensland as a world leading exporter of renewable hydrogen in the future. That’s what this initiative is all about. We’re seeing growing demand for hydrogen and other renewables. We’ll continue to invest in this emerging industry to create jobs and rebuild our economy in years to come.”
Premier Annastacia Palaszczuk.
Minister for Energy, Renewables and Hydrogen Mick de Brenni said that the Palaszczuk Government was establishing Queensland as the capital for hydrogen production.
“This round of the Hydrogen Industry Development Fund will focus on renewable technologies in the transport sector and the integration of renewable hydrogen into wastewater treatment plants.”
Mick de Brenni.
Project proponents may include private sector businesses or companies, government owned corporations, and local governments. Applications are open until June 02, 2021.