Seven Shortlisted For ARENA's Renewable Hydrogen Deployment Funding Round

On 20 July 2020, the Australian Renewable Energy Agency (ARENA) announced that seven companies have been shortlisted to advance to the full application stage of ARENA's Renewable Hydrogen Deployment Funding Round (Funding Round).

ARENA aims to provide funding of up to $70 million to support at least two projects that involve the deployment of a new-build electrolyser as part of either a brownfield or greenfield project for the production of renewable hydrogen. The Funding Round is an effort to support the Australian Government's aim of building a world-class hydrogen industry.  This includes seeking to fast track the achievement of the Australian Government's goal of producing renewables-based hydrogen for less than $2 per kilogram, also described as “H2 under $2”.