The German News Agency reported that the agreement is financed equally by the governments of the two countries, and will ensure the presence of European buyers for renewable hydrogen producers in Australia.
Chris Bowen, Australia’s Minister for Climate and Energy, said: Hydrogen Renewable energy is essential to Australia’s prosperity in the 21st century.
“The world needs it, we can produce it, ship it to our partners, or use it to produce green products, chemicals and fuels in Australia for export to the world,” he added.
Green hydrogen is produced through the electrolysis of water using electricity generated by renewable energies such as solar and wind energy, and the government considers it Germany It is one of the main sources of energy in the future.
