https://www.miningweekly.com
Energy|Gas|PROJECT|Projects|Road|transport|Trucks
Energy|Gas|PROJECT|Projects|Road|transport|Trucks
energy|gas|project|projects|road|transport|trucks

ReNu and HESTA investigate hydrogen opportunities

7th June 2023

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

Font size: - +

PERTH (miningweekly.com) – Junior ReNu Energy has inked a platform agreement with superannuation fund HESTA which could result in the development of hydrogen projects.

The platform agreement provides for the potential co-investment by ReNu and HESTA in selected hydrogen projects, with ReNu being responsible for the development and operation of these projects.

ReNu told shareholders on Wednesday that the company’s wholly-owned subsidiary Countrywide Hydrogen’s Tasmanian hydrogen projects would be the first projects to be presented to HESTA for potential co-investment during 2023.

“We have a strong portfolio of green hydrogen opportunities we are proud to potentially progress with HESTA,” said Countrywide MD and ReNu executive director Geoffrey Drucker.

“Our Tasmanian domestic supply projects are on track for final investment decision this year. Our goal in Tasmania is to create a State-wide ecosystem for the production, distribution and use of green hydrogen and then replicate the model on the mainland. Our project partners are critical to our success. We can think of no better potential co-investment partner than HESTA who we originally singled out as an ideal and environmentally responsible partner.”

Countrywide’s proposed Hydrogen Tasmania Brighton project is a proposed electrolysis production facility on land adjacent to the Brighton Transport Hub near Hobart. Expected to be producing hydrogen in early 2024, subject to final investment decision, Countrywide is modelling the generation of 1 MW to 2 MW, or 430 kg to 900 kg H2 a day from the project to meet anticipated demand from natural gas customers, road transport operators and users of diesel. Initial potential users of hydrogen produced by the project include gas customers in and around Hobart, industry at Brighton and hydrogen-powered trucks and buses.

Edited by Creamer Media Reporter

Comments

Showroom

Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

VISIT SHOWROOM 
John Thompson
John Thompson

John Thompson, the leader in energy and environmental solutions through value engineering and innovation, provides the following: design, engineer,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Mining Weekly Editor Martin Creamer
Copper shares soar and green hydrogen goes digital
26th April 2024
Magazine cover image
Magazine round up | 26 April 2024
26th April 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.111 0.148s - 107pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: