Scimita Ventures joins consortium of leading research and industry partners to advance hydrogen supply chain between Australia and Germany.
Scimita Ventures will join a leading consortium of research and industry partners who will work together with partners in Germany to test the feasibility of a renewable energy-based hydrogen supply chain between the two countries. The consortium will be spearheaded by UNSW Sydney and includes organisations such as Deloitte and Baringa Partners.
The feasibility study – which was awarded from the Australian Department of Foreign Affairs and Trade over two years – will look for opportunities to collaborate with Australian and German industries on the production, storage, transport and use of hydrogen produced from renewable energy sources. It will also assess current technologies, identify regulatory and logistical barriers, and recommend business models for the development of this two-way trade and investment.
LFM’s CEO Bill Farias commented: “It is great to see that our partners Scimita Ventures, have been selected to partake in such an important piece of work to advance energy development between these two important countries. It is truly a testament to the world-class pedigree of our network of innovators, scientists, engineers and researchers. Well done to Mobin and the team.”
For more information, please refer the UNSW Newsroom.