@sydney6791
ReNu Energy Limited (ASX: RNE) (ReNu Energy) is pleased to announce that it is completing the
design of a green hydrogen electrolysis production facility, the Hydrogen Tasmania Brighton Project
(the Project), to be developed 30 minutes north of Hobart.
With the intention to achieve early hydrogen production to support industry growth, the Project is to
be funded by ReNu Energy and developed by its wholly owned subsidiary Countrywide Renewable
Hydrogen Pty Ltd (CRH).
CRH has agreed a term sheet and executed an option to lease land owned by Bullock Property
Developments Pty Ltd (Bullock Civil) and is negotiating supply of an electrolyser. The term sheet
and option to lease set out the strategic framework for the parties to agree the commercial terms
for the lease and to convert into definitive arrangements as the Project advances.
@sydney6791ReNu Energy Limited (ASX: RNE) (ReNu Energy) is...
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