TasPorts has signed an Option Agreement for land and operating access with Australian Fortescue Future Industries for a proposed 250MW green hydrogen plant.

TasPorts aims to position itself at the forefront of green hydrogen in Tasmania after signing the agreement with Australian Fortescue Future Industries.

TasPorts said that Tasmania has an abundance of existing and expandable renewable energy resources, with the Port of Bell Bay providing a perfect opportunity to support the export of green hydrogen, with land availability and access to a deep-water port.

TasPorts Chief Executive Officer, Anthony Donald, said the signing of the Option Agreement demonstrates the organisation’s maturity in enabling commercial growth opportunities.

“Aligned with TasPorts Port Master Plan and our commitment to facilitate trade for the benefit of Tasmania, the signing of this agreement supports the organisation’s commitment to work with proponents and customers to enable new and emerging industries,” Mr Donald said.

“Securing land is one of the critical ingredients to enable the realisation of green hydrogen developments at Bell Bay and TasPorts is proud to be taking a lead role to support the renewable energy industry.”

Further opportunities exist within the industrial precinct and TasPorts is continuing to work with other proponents as it supports the Government’s Tasmanian Renewable Hydrogen Action Plan.

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