GreenHy2 and Telstra Pioneer Renewable Telecom Power
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GreenHy2 and Telstra Pioneer Renewable Telecom Power

Tempo Australia Ltd (AU:H2G) has released an update.

GreenHy2 Limited has secured a $1.5M grant from the Australian Government to provide its Hy2MEDI hydrogen storage system to Telstra, aiming to create a renewable, diesel-free power solution for telecommunications infrastructure. The project, matched with an additional $1.5M from Telstra’s INFRACO, seeks to demonstrate a hybrid power supply that is reliable, safe, and can operate independently from diesel deliveries, aligning with net zero goals. This initiative is expected to be pivotal for Telstra’s transition from diesel-supported sites to a renewable energy future, with potential applications across its extensive network in Southeast Asia and the Pacific.

For further insights into AU:H2G stock, check out TipRanks’ Stock Analysis page.

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