Global Infrastructure SherpaOptimal Renewable Gas receives grant to convert agricultural waste into gas fuel
Optimal Renewable Gas in Griffith will receive $20 million to convert agricultural organic waste from farms into a gas fuel. The gas can be used for gas heating and power generation.
Counterparts (3)
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- A $20 million grant from the NSW Government.
- Conversion of agricultural waste into gas fuel for heating and power generation.
- Involvement of Tyree Transformers as an investor, potentially linking gas fuel production to existing electricity infrastructure.
- Focus on a circular economy by utilizing agricultural waste.
Source Intelligence
The investment is part of the NSW Government's Net Zero Manufacturing Initiative, a $480 million push to help fast-track emissions reductions and build the technologies that we need to further our renewable transition. "This is part of a $480 million investment to help NSW industries lead the clean energy transition and create skilled manufacturing jobs in our regions."
"Optimal Renewable Gas in Griffith will receive $20 million to convert agricultural organic waste from farms into a gas fuel."
"Hiringa Energy near Moree will receive $9.4 million to expand the production of their low carbon ammonia fertiliser, to be used on cotton farms."
"Hiringa Refuelling Australia will receive $778,000 to help create hydrogen refuelling stations which aim to replace diesel in heavy vehicles - an important step towards building a green freight corridor between Sydney and Southeast Queensland."
"Tyree Transformers will receive $22 million to build their transformers, which stop us from losing energy while its being transported from our solar and wind farms."
Timeline
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