Queensland is becoming a renewable energy powerhouse with Singaporean infrastructure heavyweight Keppel announcing it has partnered with Incitec Pivot to investigate building a green ammonia production facility in Gladstone.
Keppel announced its Memorandum of Understanding with Incitec Pivot today signalling an exciting development in the Central Queensland Hydrogen Project (CQ-H2).
The CQ-H2 project is part of the Queensland Government’s new-industry development strategy, Queensland Renewable Energy and Hydrogen Jobs Fund, and the Queensland Energy and Jobs Plan.
CQ-H2 is Australia’s largest green hydrogen project and ranks in the top 10 globally at the pre-Final Investment Decision stage.
Treasurer and Minister for Trade and Investment Cameron Dick met with executives at Keppel as part of his trade mission to Singapore in September last year and then with Keppel Infrastructure Division CEO Cindy Lim in Brisbane in March this year.
Keppel and Incitec Pivot will continue to work closely with the Queensland Government to explore all essential infrastructure, licenses and approvals.
The Queensland hydrogen industry could support more than 8,900 new jobs at its peak, deliver $17.2 billion in hydrogen exports, and $12.4 billion to Queensland’s Gross State Product over its 30-year life.