18 July, 2019 –
Expressions of interest are now open for our $15 million Hydrogen Industry Development Fund, with funding available for plant and equipment, and feasibility studies for sustainable and renewable hydrogen projects based in Queensland.
With our solar, wind and biomass resources, existing gas pipeline infrastructure and first-class export facilities, Queensland is the perfect place to grow a renewable hydrogen industry.
This fund is part of our recently released Hydrogen Industry Strategy and will help position Queensland at the forefront of renewable hydrogen production in Australia by 2030. This means more local jobs, especially in our regions, and a stronger state economy.
The Hydrogen Industry Development Fund has two funding streams:
- Funding Stream One – Plant and Equipment: financial assistance of between $500,000 and $5 million for projects contributing to the HIDF objectives. Funding is available for a maximum of 50% of eligible project costs.
- Funding Stream Two – Feasibility Studies: financial assistance of up to $500,000 for a feasibility study related to a proposed project contributing to the HIDF objectives. Funding is available for a maximum of 25% of eligible project costs.
EOI applications close 21 August 2019. Shortlisted applicants will be invited to submit a detailed application.
For more information, visit dsdmip.qld.gov.au/hydrogen