A new project aiming to build modular waste-to-green hydrogen production units and synthetic fuel facilities has received significant investment from Chevron, Hyzon Motors, ITOCHU and Ascent Hydrogen Fund.
With the closing of a $20m strategic investment, the waste-to-hydrogen production units and synthetic fuels facilities will initially be built in California, but are expected to then be scaled to an international level.
Raven SR’s technology makes it one of the only combustion-free, waste-to-hydrogen producers in the world with the steam/carbon reformation process requiring no combustion.
This process is designed to reduce emissions whilst additionally producing more green hydrogen per tonne of waste.
The first renewable fuel production facilities are expected to be built at landfills to produce fuel for Northern Californian hydrogen fuel stations as well as Hyzon Motors hydrogen hubs.
Each of these initial facilities will process around 200 tonnes of organic waste daily with green hydrogen and on-site energy produced to be as autonomous as possible.
The units are modular are scalable and can be expanded to accommodate sites with higher hydrogen requirements with the production units also able to be placed at wastewater treatment plants and agriculture sites.
Alice Flesher, General Manager of Strategy and Planning for Chevron’s global Downstream & Chemicals businesses, said, “Our investment with Raven SR underscores our commitment to help develop a commercially viable hydrogen value chain that can provide lower carbon energy solutions to a variety of sectors.
“This is an exciting opportunity to develop green hydrogen technology with partners in the Bay Area that can complement our existing hydrogen infrastructure at Chevron Richmond.”
Craig Knight, CEO of Hyzon Motors, said, “Raven SR’s technology is highly efficient, scalable, and mobile, solving many of the logistics and financial challenges of green hydrogen production.
“With their partnership, we expect to reach our vision of 1,000 green hydrogen hubs, which will enable thousands of Hyzon hydrogen fuel cell-powered trucks to operate on US roads in the near future – at costs comparable to diesel-powered vehicles.”