SYDNEY, AUSTRALIA: ReNu Energy Limited’s subsidiary Countrywide Hydrogen Pty Ltd and Australia Pacific Airports (APAL) signed an MoU for the occasion of a multi-purpose Green Hydrogen Project at Launceston Airport.
Under the phrases of the MOU:
• Countrywide will commence project design for an preliminary project size of as much as a 5-megawatt (MW) electrolyser.
• The project design will incorporate set up of a photo voltaic array on vacant airport land to present behind-the-meter (BTM) electricity.
• The project will be designed with potential to scale up as demand increases, permitting for distributed inexperienced hydrogen production.
BTM electrical energy will assist minimise the price of hydrogen manufacturing and the price of hydrogen supplied to customers, making the emissions-free fuel as aggressive and attractive as possible.
The MOU was executed at a signing occasion held at Launceston Airport today. Participating within the occasion were the Chairman and CEO of Australia Pacific Airports (APAL), the Executive Director and CEO of ReNu Energy, and Tasmania’s Minister for Energy and Renewables, The Hon Guy Barnett.
ReNu Energy Executive Director & Countrywide Managing Director Geoffrey Drucker said: We are extremely excited by the variety of complementary hub alternatives this collaboration could afford Northern Tasmania, together with hydrogen refuelling for bus and truck operators looking to decarbonise their vehicle fleet, whereas providing fuel cell vehicle servicing, upkeep and upskilling.
There is potential for Tas Gas to put in a brand new gas reticulation system at Western Junction delivering a decarbonised pure gas community for TRANSlink, the native commercial and industrial zone, all of which will assist Tasmania lead the world in achieving renewable energy selfsufficiency and slashing missions.
APAL CEO Shane O’Hare said: We are happy to be working with Countrywide Hydrogen to evaluate the feasibility of the project.
Such a project would support the company’s ambitious emissions reductions targets. We have set a goal of net-zero Scope 1 and 2 emissions by 2025, and this project could assist us to obtain that through the provision of solar-powered electrical energy to produce inexperienced hydrogen.
It could additionally support our imaginative and prescient to develop a logistics hub at Western Junction encompassing road, rail and air.
The ability for heavy transport to refuel right here utilizing hydrogen would additionally support the Tasmanian Government’s emissions discount targets.
ReNu Energy CEO Greg Watson said: “Off the again of our announcement final week of the time period sheet with HESTA for the funding of as much as $100 million in our inexperienced hydrogen projects, we’re excited to launch a inexperienced hydrogen project in partnership with Launceston Airport.
This project provides additional alternatives for our Southern Tasmania project with the potential for refuelling at each locations and shows the capability for Countrywide Hydrogen to gain a foothold on inexperienced hydrogen manufacturing in Tasmania.
The executed MOU is a non-binding strategic framework that’s intended to be transformed into definitive preparations because the project progresses.