- McGowan Government to invest $2 million in grant funding into Yara Pilbara Fertilisers’ YURI Green Ammonia Project
- Part of McGowan Government’s $28 million commitment to driving a renewable hydrogen industry in WA
- $5 million second round of Renewable Hydrogen Fund now open
The McGowan Government will provide a $2 million grant from its Renewable Hydrogen Fund for Yara Pilbara Fertiliser’s job-creating YURI Green Ammonia Project on the Burrup Peninsula.
The YURI Green Ammonia Project will utilise solar energy to produce renewable hydrogen, which will in turn be used to produce green ammonia for export to global markets.
Yara, together with partner ENGIE, will initially install a 10MW renewable hydrogen plant to feed into its existing ammonia plant on the Burrup, with plans to significantly scale up to 500MW over the coming years.
The project is one of four in Western Australia currently being considered for the Australian Renewable Energy Agency’s $70 million Renewable Hydrogen Deployment Fund grants program.
YURI is the fourth capital works grant to be allocated funding from the first round of the McGowan Government’s Renewable Hydrogen Fund, subject to conditions including the project reaching a final investment decision.
The second round of the Renewable Hydrogen Fund has opened today, with up to $5 million available to support projects aligned with the McGowan Government’s vision for the State to become a significant producer, exporter and user of renewable hydrogen.
The first round of the State’s Renewable Hydrogen Fund saw $6 million in grants committed to four capital works projects, and $1.67 million committed to seven feasibility studies.
More information on the Renewable Hydrogen Fund is available at https://www.wa.gov.au/government/publications/western-australian-renewable-hydrogen-fund
As stated by Regional Development Minister Alannah MacTiernan: “Western Australia has an extraordinary opportunity to become a leader in the emerging renewable hydrogen industry.
“With Yara’s Pilbara site alone accounting for 5 per cent of the world’s ammonia production, this project offers a unique opportunity for WA to demonstrate the potential of green hydrogen at an industrial scale.
“This project will put the Pilbara front-and-centre in the global renewable hydrogen race, creating a clean ammonia product for the world.”
As stated by Pilbara MLA Kevin Michel: “The McGowan Government is committed to diversifying the Pilbara economy and creating local jobs.
“This project will be a big boost for our region, kick-starting a new renewable hydrogen industry on the Burrup and creating new job opportunities for locals.”