Australia awards more than US$500mil to green hydrogen project

The development will produce almost two million tonnes of green ammonia a year, and will cost an estimated A$15bil. — Bloomberg

Canberra: Australia’s government has awarded as much as A$814mil or about US$516mil in funding to a green hydrogen project, even as global confidence in the clean-energy technology wavers.

The 1.5 gigawatt Murchison Green Hydrogen Project in Western Australia is the first to be granted funds under the Hydrogen Headstart programme, the Climate Change, Energy, the Environment and Water Department said in a statement yesterday.