The Tasmanian Government has received 23 applications through its $50m Hydrogen Renewable Funding Programme.
The hydrogen support package will provide $20m for projects under the Tasmanian Renewable Hydrogen Fund as well as see up to $20m provided in concessional loans and up to $10m in support services to give the sector the stimulus it needs to build a long-term foundation.
Under the programme, a mix of proposals for feasibility studies and infrastructure projects have been received as well as financial assistance with electricity costs and concessional loans.
Energy Minister Guy Barnett said the 23 applications demonstrated the strong interest from clean energy developers to be part of Australia’s renewable hydrogen epicentre in Tasmania.
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