Queensland govt opens funding application with Hydrogen Industry Development Fund

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The State Government of Queensland has opened the application for funding with the AUD15 million (US$10.48 million) Hydrogen Industry Development Fund to support sustainable and renewable hydrogen projects across the state.

Minister for State Development, Manufacturing, Infrastructure and Planning Cameron Dick said: “Over the next four years, the Palaszczuk Government will invest AUD15 million (US$10.48 million) million to support the development of renewable hydrogen projects in Queensland. The Hydrogen Industry Development Fund is part of our recently released Queensland Hydrogen Industry Strategy 2019-2024, and will help position Queensland at the forefront of renewable hydrogen production in Australia by 2030.”

The Hydrogen Industry Development Fund (HIDF) has two funding streams:

  • Funding Stream One - Plant and Equipment: financial assistance of between AUD500,000 (US$348,722) and AUD5 million(US$3.48m) 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 AUD500,000 (US$348,722) 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.

The HIDF is a competitive merit-based program. Applicants will be able to express their interest. Shortlisted applicants will be invited to submit a detailed application.

Expressions of interest are open until 5 pm 21 August 2019.

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