Western Australia’s hydrogen economy on Tuesday (September 7) received a major boost, with the McGowan Government allocating $61.5m (US$45.3m) to support the growing industry.
Pushing forward a zero-carbon future and creating more jobs, the funding will support a number of projects such as the development of a new renewable hydrogen hub.
A breakdown of the funds shows that $50m will be used to stimulate local demand for renewable hydrogen in transport and industrial settings and drive investment.
Following recent studies that highlighted Western Australia as a prime location for hydrogen developments, bp Australia will also receive $300,000 to develop a green hydrogen and clean fuel site.
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