Tasmania, Australia kickstarts clean hydrogen business

The Tasmanian government has invited expressions of interest for a $50 million support package to build a renewable hydrogen industry. This support package is expected to stimulate investment in the renewable hydrogen industry, creating hundreds of jobs. It will invest $20 million through the Tasmanian Renewable Hydrogen Fund, provide up to $20 million in concessional loans and up to $10 million in support services, which include competitive electricity supply arrangements and payroll tax relief.