Queensland govt opens funding application with Hydrogen Industry Development Fund

Subscribe to our newsletter and get the latest news and business opportunities in your inbox

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.

List of the country updates

Country updates

  • July 12, 2019

    MinterEllison appoints two non-legal Partners, launches new Infrastructure Consulting arm

    MinterEllison has appointed two new Partners from non-legal backgrounds as part of the firm’s continued investment in its consulting offerings – Donna Worthington (Risk and Regulatory) and...

    Read more
  • July 08, 2019

    Privatization of Adelaide public transportation systems

    The government of South Australia has announced its plans to privatize the operations of Adelaide's metro trains and trams. The Government will release tenders for the privatization process. In t...

    Read more
  • July 03, 2019

    Financial close on major rail project in Australia

    CIMIC Group companies, Pacific Partnerships, CPB Contractors, and UGL, as part of the Pulse consortium, have reached contractual close with the State of Queensland to deliver the Tunnel, Stations and...

    Read more
  • July 03, 2019

    Assured Guaranty announces co-operation agreement with DTW Capital

    Assured Guaranty Ltd. announced that its financial guarantor subsidiaries Assured Guaranty Municipal Corp. (AGM) and Assured Guaranty (Europe) plc have entered into an exclusive Co-Operation Agreement...

    Read more
  • June 27, 2019

    RFEOI for USD1bn hospital development in Australia

    The Victorian Health and Human Services Building Authority has released an invitation for Expressions of Interest from suitably qualified and experienced consortia for the design, constructi...

    Read more

Share this update