10GW green hydrogen project in Australia moves forward as Osaka Gas joins venture

Facebook
Twitter
LinkedIn
Reddit
Email
Sanguine Impact Investment, who provides funding for the project, was in the process to increase its scale to 20GW. Image: Toshiba Corporation.

Technology company Aqua Aerem has entered into a joint development agreement with Japanese energy producer Osaka Gas for its 10GW Desert Bloom Hydrogen project in Northern Australia.

Osaka Gas’ entrance to the US$10.75 billion scheme will contribute to the overall development of the project, including its construction, finding offtakers for the produced hydrogen and negotiating with equipment manufacturers.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

David Green, chairman of Aqua Aerem and Sanguine’s managing director said the project was “on track” to produce green hydrogen for less than US$2/kg within five years.

Gerard Reiter, CEO of Aqua Aerem, said: “This deal is a strong endorsement of the massive value of the project and Aqua Aerem’s innovative air-to-water technology, which is opening the door for green hydrogen projects to be located where the best renewable power sources are available, which is generally in the driest areas of the planet.”

The characteristics of the site mean it does need direct access to a water source and is built with a series of modular, 2MW hydrogen production units that are capable of generating water from the atmosphere, enabling the units to be built in arid areas with scarce water resources.

Once the project is at full scale, it will be able to produce around 410,000 metric tonnes of green hydrogen per year for use in both domestic purposes and export for Asian markets, hence its location in Northern Australia. Aqua Aerem also said it had selected Northern Australia as the location for the project given the high levels of solar irradiance.

Aqua Aerem is in discussions to bring other potential partners to buy green hydrogen as well as a joint venture spanning different industries such as transport, mining or chemicals.

In December 2021, the project received Major Project Status by the regional government.

Read Next

July 31, 2026
Australia's installed cost of utility-scale solar has not fallen at the pace required to reach the country's “ultra-low-cost solar” (UCLS) ambitions, despite continued progress in cell and module efficiency.
July 31, 2026
Queensland and Northern Territory have refused to back a national framework requiring large data centres to underwrite new renewable energy.
July 30, 2026
Australia's CEC calls for a national ‘Renewable Resources Payment’ scheme, requiring a legislated payment for every MWh of renewables.
July 30, 2026
Renewables supplied 42.1% of electricity generated across Australia's NEM in the three months to June 2026, a new quarterly high for Q2.
July 28, 2026
Australia's clean energy transition risks being cancelled out by fossil fuel export, ex-Chief of the Defence Force Admiral Chris Barrie said.
July 27, 2026
Construction has begun on two new transmission lines as part of Western Australia's Clean Energy Link - North project.

Upcoming Events

Solar Media Events
October 13, 2026
San Francisco Bay Area, USA
Solar Media Events
November 3, 2026
Málaga, Spain
Solar Media Events
November 24, 2026
Warsaw, Poland
Solar Media Events
April 20, 2027
Istanbul, Türkiye