Australia and Germany have inked a significant agreement worth $660 million to enhance their joint efforts in renewable hydrogen production and trade. The deal, signed in Brisbane by Australian Minister for Climate Change and Energy, Chris Bowen, and German State Secretary for Economic Affairs and Climate Action, Anja Hajduk, aims to pave the way for new green hydrogen supply chains between the two countries. This partnership is set to be part of Germany's H2Global auction mechanism, with both governments sharing the funding equally. The expanded collaboration will elevate the existing Energy Partnership to an Energy and Climate Partnership, covering various crucial areas like climate action, energy efficiency, and the transition to net-zero emissions. The initiative is expected to grant Australian producers access to major renewable hydrogen markets, especially in Germany and other European nations, helping position Australia as a significant player in the global green energy market. The HySupply chain study findings have further reinforced the partnership by affirming the economic feasibility and desirability of hydrogen trade between Australia and Germany, leading to concrete actions to capitalize on opportunities for industries in both countries.