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Home News

SA partners with global heavyweights to develop hydrogen industry

by John Thompson
October 12, 2022
in Company news, Investment, News, Projects
Reading Time: 2 mins read
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A modern hydrogen tank for renewable energy.
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Industry heavyweights from Australia and Japan will partner with the South Australian Government to accelerate the development of domestic hydrogen production.

Following a series of high-level meetings in Tokyo, Japan’s Mitsubishi Heavy Industries, Kawasaki Heavy Industries, Marubeni, and Australia’s Santos and H2U signed individual Statements of Cooperation with the State Government.

The Statement of Cooperation sets out the commitment of the South Australian Government and industry partners to work together to accelerate the development of South Australia’s hydrogen economy and fast track the global transition to clean energy.

The Statement of Cooperation has the following key areas of focus:

  • Growing a globally competitive hydrogen export sector through the development of a hydrogen export strategy and strategic partnerships. The export strategy will identify efficiencies in legislation, skills, inputs, and infrastructure required to establish a competitive export and value adding sector

  • Enabling the industries of the future by fostering advances in new technologies and new industrial opportunities through research partnerships and projects that accelerate the development of large-scale industrial decarbonisation programs

  • Developing near-term domestic markets including mobility through the establishment of an ecosystem (production, distribution, and off-take applications) enabling a national hydrogen network of supply and applications

South Australian Premier, Peter Malinauskas, and the trade mission in Japan will seek more signatories in the coming days.

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