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Released February 23, 2023 | METRO MANILA
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Researched by Industrial Info Resources (Sugar Land, Texas)--Between Australia becoming a leader of renewable-hydrogen production and Germany's hydrogen-technology expertise, both countries have committed to focusing on projects that could reduce the cost of renewable hydrogen and develop an entire related value chain and supply chain from Australia to Germany. Projects must take place in Australia. Australia and Germany have pledged AU$50 million (US$34.8 million) and 50 million euro (US$53.2 million), respectively, for the German-Australian Hydrogen Innovation and Technology Incubator (HyGATE) initiative.
Four projects as part of HyGATE have been awarded conditional funding:
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 Trillion (USD).
Four projects as part of HyGATE have been awarded conditional funding:
- ScaleH2, which is led by ATCO Australia (Perth, Australia) in partnership with German partner Fraunhofer Institute for Surface Engineering and Thin Films (Fraunhofer IST), was awarded AU$800,000 (US$546,732) for the feasibility study. Scale H2 involves constructing 1-gigawatt (GW) green hydrogen and 800,000-ton-per-year green ammonia-production facilities in New South Wales' Illawarra region, with the product to be exported to Germany
- Edify Green Hydrogen Project, led by Edify Energy (New South Wales) with Siemens Energy Global GmbH (Munich, Germany), was awarded AU$20.7 million (US$14.1 million). The project includes a green hydrogen-production facility in Lansdown Eco-Industrial Precinct with 17.5 megawatts (MW) of electrolyzer capacity, to be powered by a 21-MW solar farm that will have battery-storage capability
- Solar Methanol 1 (SM1) at Port Augusta, led by Vast Solar Pty Ltd (New South Wales) and Fichtner GmbH (Stuutgart, Germany), received AU$40 million (US$27.2 million) for a 7,500-ton-per-year green methanol plant, utilizing a 10-MW hydrogen electrolyzer to be built in the facility
- Lastly, Hysata (Wollongong, Australia) plans to develop a "capillary-fed" electrolyzer that can produce green hydrogen with a 98% energy efficiency and could cost around US$1.50 per kilogram of hydrogen production
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 Trillion (USD).
