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Austrom Hydrogen

Danish developer acquires 3.6 GW Australian project

Danish renewable energy developer European Energy has acquired a majority stake in a 3.6 GW integrated solar and battery energy storage facility. Being developed in the Australian state of Queensland, the proposed facility will be used as a green hydrogen production plant.

Green hydrogen to reach price parity with grey hydrogen in 2030

IHS Markit’s latest report looks at a wave of new investments in large-scale projects. Economies of scale and technological improvements, as well as renewables deployment, could make green hydrogen price-competitive with grey and blue hydrogen.

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