$36bn Australian renewables hub to produce hydrogen for export

Canberra sees clean energy opportunity as countries aim for zero emissions

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Kawasaki Heavy's vessel for transporting liquefied hydrogen. There is a plan to produce hydrogen from low-grade coal in Australia, liquefy it and ship it to Japan. (Photo courtesy of Kawasaki Heavy Industries)

FUMI MATSUMOTO, Nikkei staff writer

SYDNEY -- A $36 billion project to mass-produce hydrogen from renewable power sources is underway in Australia, fueling Canberra's hopes of turning clean energy exports into a major revenue generator as countries begin to shun coal.

The Asian Renewable Energy Hub plans to build wind turbines and photovoltaic systems generating 26,000 megawatts on 6,500 sq. km leased in the state of Western Australia. The space for the project is six times the size of Hong Kong.

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