Reactions to the federal budget

A welcome focus on growing Australian capability Industry-research collaboration advocate Cooperative Research Australia (CRA) has praised the focus on growing Australia’s science and technological performance, continued support for Cooperative Research Centre (CRC) funding, and plans to transform Australian R&D. Budget 2024 “has put education, research, manufacturing and industrial transformation at its core” said CRA CEO…

Countrywide Hydrogen to be Tasmania’s first major hydrogen producer

ReNu Energy subsidiary Countrywide Hydrogen will become “Tasmania’s first major green hydrogen producer”, the state government announced on Monday, after an $8 million funding agreement. In a joint statement with energy minister Nick Duigan, Premier Jeremy Rockliff said that Countrywide “will produce hydrogen at multiple locations around the state,” and supply it to various users. …

Hydrogen equipment manufacturer Hysata announces $172 million Series B round

Electrolyser manufacturer Hysata has completed a record-setting Series B funding round worth $US 111.3 million (approximately $172 million) and led by bp Ventures and Templewater. Hysata announced an oversubscribed $42.5 million Series A round in August 2022, with the Series B seeing investors such as Bluescope’s venture business, BluescopeX, Virescent Ventures, the IP Group and…

Pure Hydrogen secures land for Queensland hydrogen hub

Clean energy and mobility company Pure Hydrogen has leased a 4,000m² site at Archerfield Airport, Queensland for its first demonstration hydrogen micro-hub (pictured). Pure intends to manufacture green hydrogen fuel at Archerfield, 11km from Brisbane CBD, to service commercial transport operators and the aviation industry. An electrolyser has been ordered which will use ‘green’ electricity…

Provaris and GES to develop Rotterdam hydrogen import terminal

Australian green hydrogen developer Provaris Energy and Global Energy Storage have entered an agreement to develop a gaseous hydrogen import facility at the GES terminal in Rotterdam, Holland. GES is developing a multi-client, multi-product terminal in Rotterdam, able to import both refrigerated ammonia and compressed hydrogen, with redeliveries into barges, rail, truck and the H2…