The Australian Renewable Energy Agency (ARENA) has today announced the opening of the $70 million Renewable Hydrogen Deployment Funding Round to help fast track the development of renewable hydrogen in Australia.
The funding round aims to support two or more large scale renewable hydrogen projects, with electrolysers of a minimum of 5 MW capacity, with a preference for 10 MW or larger. These projects will be expected to be among the largest electrolysers in the world. Each project must be powered by renewable electricity, either directly or through power purchase agreements or large scale generation certificates.