“First Nations group gets option for 20pct stake in Sunshine Hydro’s flagship project”, 27 November 2023

Sunshine Hydro, a company proposing to combine pumped hydro with green hydrogen production, says it has sold a 20 per cent option in its landmark flagship Queensland project to a First Nations group, [First Nations Greentime Energy Group (FNGEG)]...

The Djandori Gung-i (Spirit in the Water) Superhybrid clean energy project at Miriam Vale, also known as the Flavian Superhybrid project is a unique proposal to deliver up to 600MW of pumped hydro capacity and up to 300 MW of hydrogen electrolysers...

‘We see ourselves as a key advocate, consultant, and broker to assist other First Nations groups wanting to enter into arrangements with project proponents who are proposing clean energy projects on their country,” [FNGEG director Tony Martens] told RenewEconomy...

The Sunshine Hydro-FNGEG model replicates that already pioneered in Canada and moves beyond the royalties, jobs and training opportunities that is the business-as-usual option in Australia for resources companies...

The shift towards seeing First Nations groups as business partners, as opposed to interest groups, is appearing more in the renewable energy space...

“We sat around and talked for hours about shared vision. You’ve got to do it socially. You’ve got to do it where you build trust. And the most important thing is you’ve got to do what you say you’re going to do.” [Sunshine Hydro chairman Michael Mye says]