Japan's Inpex picks Australia for $1.25bn renewable energy buildup

Gas and oil driller seeks to create export hub for green hydrogen

20240712N Inpex Australia wind

About a third of Inpex's additional spending will go to developing onshore wind power in Australia. (Inpex)

MAO KAWANO, Nikkei staff writer

TOKYO -- Inpex will invest more than 200 billion yen ($1.25 billion) through 2030 in renewable energy projects in Australia, Nikkei has learned, with the Japanese energy group aiming to make the continent a base for exporting "green" hydrogen.

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