WA investing in diversified economy

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WesternAustralia will invest A$148million to diversify its economy hydrogen HPA FYIResources ENGIEInnov ExportsEnergy

PERTH – The Western Australian government has announced A$148-million in funding support to 40 projects across the state, as part of its plans to diversify the state’s economy.

"We're building on Western Australia's economic strengths, and embracing new and innovative industries, positioning our state at the forefront of the global energy transition. We're backing local companies to manufacture here in Western Australia, to value-add, and to take on the world in developing high-tech products for the future.”

“We are very pleased to receive selection confirmation for funding by the Western Australian government under the IAF scheme,” said FYI MD“The grant will allow us to continue the development of the HPA project and the advanced and innovative technologies. FYI has demonstrated the technical viability of the HPA project and is now setting about demonstrating its commercial potential.

Once fully constructed, the KETH will comprise hydrogen and gas decarbonisation facilities as a platform for the advancement of key technologies to support the energy transition. It will be a first-of-a-kind facility providing an open-access, multi-user environment for demonstrating technologies at industrially relevant scale, as well as certification of equipment and training for process operators.

 

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