AG has a research deal with the University of New South Wales
Providence Asset Group eyes Australian hydrogen growth
Group aims to finance a pipeline of hydrogen technology initiatives and applications across the value chain
Leading Australian ESG investment firm Providence Asset Group (PAG) joined CEO-led coalition the Hydrogen Council last year. The firm has a pedigree of investing in the clean technology sector and, following the publication of Australia’s National Hydrogen Strategy in 2019, wanted to expand into the hydrogen sector. The Australian strategy aims to advance pilot schemes, build demonstration scale hydrogen hubs and develop supply chains. Hydrogen Economist talks to Alan Yu, chief investment officer at PAG, about how the firm hopes to help finance developments. “The focus is basically on building a pipeline of hydrogen technology initiatives and applications” Yu, PAG Tell us broadly w
Also in this section
25 February 2026
Low-carbon hydrogen and ammonia development is advancing much more slowly and unevenly than once expected, with high costs and policy uncertainty thinning investment. Meanwhile, surging energy demand is reinforcing the role of natural gas and LNG as the backbone of the global energy system, panellists at LNG2026 said
18 February 2026
Norwegian energy company has dropped a major hydrogen project and paused its CCS expansion plans as demand fails to materialise
4 February 2026
Europe’s largest electrolyser manufacturers are losing patience with policymakers as sluggish growth in the green hydrogen sector undermines their decision to expand production capacity
2 February 2026
As a fertiliser feedstock, it is indispensable, but ammonia’s potential as a carbon-free energy carrier is also making it central to global decarbonisation strategies
