H2FA, Clara to set up USD-420m green hydrogen network in Australia

Hydrogen Fuels Australia (H2FA) and compatriot Clara Energy plan to invest AUD 600 million (USD 419.7m/EUR 399m) to create a network of refuelling stations for the distribution of green hydrogen coming from a large complex between Melbourne and Sydney.

The two companies said on Wednesday that the first hydrogen refuelling station to be built under the plan will open in 2025. For this purpose, they have signed a Memorandum of Understanding (MoU) to fast-track the development of up to five stations between the two major Aussie cities.

H2FA and Clara are already working on a joint project that will result in the production of at least 100,000 kg of green hydrogen per day from solar-powered electrolysers in Tarcutta, New South Wales. The facility is being developed by Clara, while H2FA will take care of distributing the output and operating the refuelling stations, which will provide green hydrogen to freight and logistics companies.

H2FA is currently building its own large-scale hydrogen refuelling station in Truganina, Melbourne. Two more will be built in Victoria, one in New South Wales and a major site will be located in Sydney.

The Tarcutta complex is set to begin operations by 2025, producing 25,000 kg of hydrogen per day in the AUD-500-million first stage. At full operations, it will be able to supply 800 heavy haulage trucks with hydrogen.

(AUD 1.0 = USD 0.699/EUR 0.665)

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