The state-backed CS Energy has signed a deal with Senex to develop a new green hydrogen production plant.
The new joint venture will develop the Kogan Renewable Hydrogen Demonstration Plant near Chinchilla, featuring a solar farm, battery, hydrogen electrolyser, hydrogen fuel cell, hydrogen storage and out loading facility.
CS will hold a 75% share in the venture, with Senex owning the rest. IHI Engineering will construct the plant.
“There is a strong strategic alignment between CS Energy and Senex Energy around the opportunities the energy transformation will bring, enabling us to explore partnerships on other projects,” said CS’s chief executive Andrew Bills.