National H2 secures technology agreement with Powerhouse Energy Group
Published by Bella Weetch,
Editorial Assistant
Global Hydrogen Review,
With a capital raise live on VCEX, National H2 has signed a technology agreement with Powerhouse Energy Group, which gives it rights to use its patented Distributed Mobile Generation (DMG) technology in Australia, New Zealand, Papua New Guinea, Singapore and Malaysia.
Powerhouse has already completed the feasibility study for the first plastic-to-hydrogen plant, which National H2 has launched capital raise on VCEX to finance the next stages of developing the site in West Mundijong, Western Australia.
The plant is expected to be operational in the first half of 2024, producing over 1200 tpy of hydrogen and generating more than US$6 million in revenue.
In 3Q24, National H2 anticipates it will have three more operational hydrogen plants in Western Australia, New South Wales and Singapore, using the Powerhouse technology.
Read the article online at: https://www.globalhydrogenreview.com/hydrogen/30032023/national-h2-secures-technology-agreement-with-powerhouse-energy-group/?fbclid=IwAR3MTE5tgkSSPLPzP0Ozy4prjUuueWs9D9MYxXT8CO-EQs5H9Svm5cDacR4
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