Renewable

March 8 (Renewables Now) - The Australia-Germany Hydrogen Innovation and Technology Incubator, also known as the HyGATE initiative, today launched a funding round to support green hydrogen projects, the Australian ministry for industry, energy and emissions reduction announced.

The initiative stems from last year’s agreement between the governments of Australia and Germany to strengthen bilateral cooperation on the development of hydrogen technology. The German side committed EUR 50 million (USD 54.5m) to HyGATE, while Australia, through the Australian Renewable Energy Agency (ARENA), put up AUD 50 million (USD 36.4m/EUR 33.4m).

ARENA will administer the HyGATE initiative in Australia and receive proposals from domestic organisations. Its counterpart in Germany is project management agency Juelich (PtJ).

According to ARENA, funding will be available for “deployment stage projects related to any aspect along the entire value chain for hydrogen produced from renewables -- from hydrogen generation from renewables, further processing into derivatives such as synthetic fuels or green ammonia, to transport, storage, usage and unlocking commercial or financing models”.

Selected projects will have to deliver one or several outcomes, among them cutting the cost of hydrogen production, transport, storage and use, and the development of an Australia-Germany supply chain for green hydrogen.

Project activities are expected to take place primarily in Australia.

The funding opportunity will close on May 3, 2022.

(EUR 1.0 = USD 1.09)

(AUD 1.0 = USD 0.728/EUR 0.668)

Join Renewables Now's free daily newsletter now!