A new Australian hydrogen company hopes to establish itself as a green energy heavyweight, by building the country’s ‘first network of hydrogen plants.’
Launched last Wednesday (June 1), National H2 intends to purchase businesses with existing revenue streams, contracts, infrastructure, and industrially zoned land, to develop hydrogen facilities.
The company hopes its hydrogen production pathway will be accelerated by targeting sites with existing land, cash flow, and feedstock.
H2 View understands, once National H2 commences its biomass to energy plants constructions, and has offtake agreements confirmed, it will seek to expand its operation onto further sites.
National H2 believes that its strategy will allow it build hydrogen infrastructure to connect millions of people to clean energy ‘for the next hundred years.’
The company is due to announce the acquisition of development sites in the coming weeks.
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