LINE Hydrogen has received development approval for Tasmania’s first green hydrogen production, storage and distribution facility.
In 2022 the company executed a terms sheet with Climate Capital’s Bell Bay Solar Farm to construct up to a 5MW ground-mounted solar farm in George Town, Northern Tasmania.
This will supply behind-the-meter renewable energy to Line Hydrogen’s proposed hydrogen 7.6 megawatt (MW) project is a production, storage and distribution facility.
The approval followed the approval of permit conditions by the Tasmanian EPA earlier this month. Construction is set to begin in the coming weeks, with production scheduled for late 2023/early 2024.
LINE Hydrogen Founder and Executive Chairman Brendan James said approval from the George Town Council was a significant milestone not just for LINE Hydrogen but for the Australian hydrogen industry.
James said: “Today marks a significant achievement for LINE Hydrogen and the team behind it, and we’re thrilled to be the first project in Tasmania to receive development approval for the production, storage and distribution of green hydrogen at commercial scale.
“LINE Hydrogen has one of the largest shovel-ready green hydrogen projects in Australia.”
The approved approved project will produce up to 1,241,000 kg per year of green hydrogen by electrolysis.
The hydrogen will be captured, stored as a gas, and made available for vehicle refuelling and other applications such as energy production within Tasmania, replacing imported diesel.
James said: “Our George Town Project is the first green hydrogen project for Tasmania as well as the first in our pipeline of green hydrogen production and activation projects across the country and internationally.”
LINE Hydrogen recently executed a Head of Terms with Net Zero Infrastructure PLC (NZI) a Special Purpose Acquisition Company (SPAC) listed on the London Stock Exchange (LSE) for a reverse takeover between the two companies. The listing is targeting a combined pre-raise valuation of £43M and aims to be completed by September 2023.
Line Hydrogen unveils Tasmania green hydrogen plant