With this funding round, ARENA will support two or more large-scale electrolyzers projects of at least 5 MW, with "a preference" for installations of 10 MW or more
June 08, 2020. By News Bureau
The Australian Renewable Energy Agency (ARENA) has announced that it has received proposals for renewable hydrogen projects worth over AUD 3 billion (USD 2.1bn/EUR 1.8bn) in its first funding round for large-scale projects in the country.
ARENA launched the AUD-70-million funding initiative in April and has received 36 expressions of interest in the initial application stage.
Applications were made for over AUD 1 billion in grant requests. The projects submitted for funding relate to nearly 500 MW of total electrolysis capacity, with projects in the 5 MW-80 MW range. Proposals have been made from all over the country.
After evaluating the proposals, ARENA will request qualified projects to file a full application. The funds are projected to be distributed by the end of the year.
With this funding round, ARENA will support two or more large-scale electrolysers projects of at least 5 MW, with "a preference" for installations of 10 MW or more.
AI will move from being a good-to-have technology to a must-have technology
We Need to Create Employment Opportunities that would Inspire Women to Join Clean Energy Space
There Must be a Penal Mechanism on Discoms for Delay in Signing PPAs, Payments Release
India’s Power Sector Must be Financially, Physically Resilient to Secure Investments it Needs