Originally announced in March (2022), the anticipated €35m ($36.7m) production facility, in the Aragón region of Spain, is expected to produce up to 1,600 tonnes of renewable hydrogen per year from around 75 tonnes of organic solid waste a day.
Read more: Raven SR to develop 1,600 metric tonne per year waste-to-hydrogen project in Aragon, Spain.
The funding comes as part of a broader €14m ($14.6m) European Commission grant to Hy2Market, the three-year project led by the New Energy Coalition to research and produce hydrogen on an accelerated time frame.
The modular project’s commercial operations are expected to begin in 2024 and the fuel supply will serve hydrogen-powered vehicles.
Matt Murdock, Raven SR CEO, said, “We are honoured to receive such broad support for our first waste-to-hydrogen production facility in Europe.
“This initial project in Spain provides a foothold in a regional market that is highly supportive of shifting away from carbon-intensive fuels to achieve a Net Zero energy economy.”
Murdock continued, “We also look forward to collaborating within the wider Hy2Market consortium to potentially expand to additional sites in the European Union.”
Raven SR: The global expansion of an innovative waste-to-hydrogen solution
The creation of a hydrogen market is key for tackling the growing climate and environmental challenges. However one solution is recognised as having the ability to support both by reducing the amount of waste in addition to generating hydrogen.
Raven SR holds the key to this innovative waste-to-hydrogen technology and has seen significant growth in the market since the hydrogen economy has gained momentum. With plastics, landfill and general waste observed as aspects of the growing climate crisis, being able to convert these into a zero-emission fuel appear to be the key to reversing these changes.
To learn more about Raven SR who recently expanded its operations to Europe, H2 View spoke with Matt Murdock, CEO of Raven SR, to find out more about its technology and its progress in the hydrogen market.