Hazer Group announced on Monday it had raised $10 million through a placement and share purchase plan to drive commercialisation of its methane pyrolysis technology for clean hydrogen production. The Perth-based technology company successfully raised $8 million from existing and new institutional and sophisticated investors through a placement at 31 cents per share, representing a…
Hydrogen technology developer Hazer Group has passed a new production milestone, achieving 240 hours continuous operation at its Commercial Demonstration Plant at Woodlawn in Western Australia. The company told investors the plant has achieved stable production of hydrogen and graphite and 97.5 percent plant uptime utilising a feedstock of methane biogas. The CDP is now…
Technology development company Hazer Group has signed a Memorandum of Understanding (MOU) with Korea’s POSCO Steel to plan for the integration of Hazer’s technology into POSCO’s low carbon steel. POSCO, one of the world’s largest steel makers, and Hazer will develop a plan to integrate Hazer’s hydrogen production technology into POSCO’s low-carbon steel production. They…
Technology development company the Hazer Group has announced a partnership that is preparing for the development of a commercial scale, up to 100,000 tonne per annum facility to be built in Japan utilising its Hazer process to produce hydrogen from biogas. The Perth company said the initial capacity of the plant, to be built with…
Technology development company the Hazer Group has confirmed the second half of 2023 for the start-up of a commercial demonstration plant under construction in Western Australia to demonstrate the Hazer process for producing hydrogen from biomass. The plant, supported by the Australian Renewable Energy Agency (ARENA), has achieved gas flow and steady state operation. The…
The Australian Renewable Energy Agency has agreed to accelerate the payment of support for the development of a plant to produce hydrogen from methane biogas being developed by Hazer Group. In 2020 Hazer and ARENA executed an agreement that will see it develop a $16.5 million commercial demonstration plant to produce low emission hydrogen .…
The Hazer Group has executed an agreement with the Australian Renewable Energy Agency that will see it develop a $16.5 million commercial demonstration plant to produce low emission hydrogen from methane biogas. The agreement with the Perth company will see ARENA provide $9.41 million in funding to the project to construct the Hazer Process Commercial…
Technology development compay the Hazer Group has received a R&D tax incentive refund of $1.3 million for its development activities in the 2019 financial year. The Perth company is commercialising the Hazer process, a low-emission hydrogen and graphite production technology. Hazer CEO Geoff Ward said the funds, together with a capital raising in November, put…
Hazer Group has signed a non-binding memorandum of understanding with UK-based EnergyPathways to assess the development of a clean hydrogen production facility in northwest England. The proposed project aims to develop a Hazer-licenced facility producing 20,000 tonnes per annum integrated with EnergyPathways’ Marram Energy Storage Hub infrastructure project. Under the MOU, the parties will conduct…
Hazer Group announced on Monday significant progress under its strategic alliance with Kellogg Brown and Root, established to accelerate the commercial deployment and licensing of the Hazer Process. The alliance is now in execution phase, with active workstreams underway across technology scale-up and development, joint marketing and customer engagement. An integrated team of commercial and…