Friday's announcement that energy giant Woodside has optioned a long-term lease for a proposed hydrogen development at Bell Bay is more positive news for the state's North.
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If the project does come to fruition, it will further bolster Tasmania's credentials as a leading force in green energy generation.
As well as enhancing the state's reputation, the project could also potentially provide hundreds of jobs during both the construction phase and on an ongoing basis.
Northern Tasmania's access to renewable energy and plentiful clean water puts the region in an enviable position when it comes to the ability to produce green hydrogen.
If built, the plant would have up to 300 megawatts of capacity in its initial phase, as well as a target production of 200,000 tonnes of ammonia per annum.
The announcement by the West Australian energy giant adds extra weight to the Tasmanian government's aspirations for Bell Bay to become a hub for renewable hydrogen production - and globally significant exporter - by the end of the decade.
Woodside, of course, isn't alone in its plans to make use of Bell Bay's prime location for green hydrogen production, with Andrew "Twiggy" Forrest's Fortescue Future Industries and Origin Energy also expressing interest in establishing similar projects nearby.
Of course, as Bell Bay Advanced Manufacturing Zone chief executive Susie Bower has pointed out, there are hurdles that would need to be overcome if multiple projects of this scale were to operate in the region, including upgrades to port facilities, transmission lines and water infrastructure.
But with a federal election imminent, and green hydrogen one of Australia's most hopeful paths towards net-zero emissions, now is the perfect time for the state government and key proponents to attempt to secure extra funding.
And the fact that Woodside's mooted project would finally make positive use of the site of the proposed - and polarising - Gunns pulp mill is perhaps the most positive element of the announcement.
