Raven SR receives investment from Stellar J to drive waste-to-hydrogen

Raven SR has received strategic investment from its partner Stellar J.

The undisclosed investment will support the commercialisation of Raven SR’s non-combustion waste-to-hydrogen process.

The company plans to start commercial operations for waste-to-hydrogen production in early 2024 and commercial operations for sustainable aviation fuel (SAF) in 2025.

Stellar J has fabricated Raven SR units for full-scale hydrogen production reformers. A successful trial of the units in August 2022 demonstrated that Raven SR’s proprietary technology for waste-to-hydrogen and gas-to-hydrogen process is commercially ready.

Matt Murdock, CEO of Raven SR, said, “As we expand our global reach, Raven SR values this expression of deep support and confidence by Stellar J as we move together from sharing a vision to making a transformative impact in the transportation fuel sector.

“Stellar J’s knowledgeable and experienced team of engineers have proven to be valuable partners who are passionate about bringing Raven SR’s technology to market to advance the energy transition worldwide.”

Bob Kinghorn, CEO of Stellar J Corporation, added, “Our investment and partnership with Raven SR recognises the unique value proposition they provide as an answer to waste disposal challenges.”

Stellar J’s investment is the sixth by a Raven SR strategic partner, following investments from Chevron, ITOCHU, Hyzon Motors, Ascent Hydrogen Fund and Samsung Ventures.

In 2021, Raven SR received $20m investment from Chevron, Hyzon, ITOCHU and Ascent to scale its waste-to-hydrogen production units.

Read more:Raven SR receives $20m investment to scale its waste-to-hydrogen production units

Raven selected Stellar J to complete the final designs of two facilities in the San Francisco Bay area that could power around 200 heavy-duty or 1,250 passenger vehicles per day.

Read more:Raven SR selects POWER Engineers and Stellar J to design waste-to-hydrogen facilities in San Francisco

Earlier this year, Raven, Chevron and Hyzon announced a collaboration to commercialise operations of a waste-to-hydrogen plant in Richmond, California.

The production facility will supply hydrogen to the transport sector, producing up to 2,400 metric tonnes per year of renewable hydrogen.

Read more: Raven SR, Chevron and Hyzon unveil waste-to-hydrogen plant plans

The Raven SR technology is a non-combustion thermal, chemical reductive process that converts organic waste and landfill gas to hydrogen and Fischer-Tropsch synthetic fuels. Its Steam/CO2 Reformation does not require fresh water as a feedstock.

A Successful Ecosystem for Green Hydrogen – London

It is becoming ever clearer that the entire green hydrogen ecosystem requires alignment. Hydrogen’s potential, performance, and safety are proven. Green hydrogen is widely accepted as a core pathway to Net Zero, yet the key levers in the transition are not yet in-sync.

At H2 View we recognise the increasingly challenging economic climate that various countries/economies are currently facing. We want to help as many companies as possible in the hydrogen space to achieve their needs as competitively and logically as possible. As a result, we felt it was a compelling decision to relocate our previously planned event in Iceland, to a venue in London.

Join H2 View in London, one of the foremost investment capitals of the world, for a 1.5-day event devoted to thought leadership, insights, and actionable takeaways in the green hydrogen ecosystem, combined with the connections and networking to deliver against those objectives.

This H2 View hydrogen summit is dedicated to dissecting the ecosystem requirements to truly realise a green hydrogen-fuelled future across industries, transport, and society. This event will tackle all sides of the energy ecosystem, from wind and solar power requirements to additionality, water sustainability, electrolyser technologies, and investment and policy climate.

You can find more information at h2-viewevents.com

About the author
Related Posts
Loading feed...
Please wait...