Ampol backs hydrogen storage start-up

Petrol and diesel supplier Ampol is the “secret ingredient” in a green hydrogen energy start-up that will target the $1.5 billion a year remote diesel power generation market offering the potential for reliable energy that is clean and affordable.

Ampol is taking a 20 per cent stake in CSIRO-backed Endua and is the commercial partner for the venture, which is developing renewables-based hydrogen power units that could be used at mines, farms and residential communities that are not connected to the grid.