The Australian Renewable Energy Agency has handed InterContinental Energy $21 million to support its $55 billion Pilbara hydrogen hub, following the exit of BP last year.
Korea's largest electricity utility has signed an early agreement with the backers of the Western Green Energy Hub, one of several giant renewable energy projects mooted for WA.
BP will take the lead on what is touted to become one of the world's largest renewable energy hubs, after the oil and gas giant took a stake in the Asian Renewable Energy Hub in the Pilbara.
The difficulty of building large scale hydrogen export projects has been brought into sharp focus after a multi-billion dollar Pilbara proposal was knocked back on environmental grounds.
