? Term sheet signed with CAC-H2 to build Waste to Hydrogen plants in Brisbane, Sydney, and Melbourne
? First plant planned to be online 2022 producing high purity green hydrogen suitable for fuel cell vehicles & mobility
? H2X Global and Pure X mobility to supply vehicles to commercial customers; vehicles that only produce water as its emission expected to be available for sale from mid2022
? Pure Hydrogen currently working with commercial users to supply back-to-base hydrogen fuelling; off-take agreements and vehicle supply contracts pending
? Pure Hydrogen is also pursuing other channels to build out a multi-faceted hydrogen fuel supply chain
Australian East Coast Clean Energy Company Pure Hydrogen Corporation Limited is pleased to announce that it has signed a Term Sheet with CAC-H2 to build three waste to Hydrogen Plants on the east coast of Australia.
The first plant will be built north of Brisbane and expected to be operational in late 2022 with Melbourne and Sydney to follow. CAC-H2 will fund, build, and operate the plant and Pure Hydrogen will fund storage and load out.
The 3 planned sites are expected to bring new jobs and opportunities to the rapidly growing clean energy and renewables sector, whilst supporting Australia’s critical path to decarbonization and achieving its climate goals.
Managing Director Scott Brown commented: “We are very excited to be partnering with CAC-H2 and establishing facilities to service the East Coast of Australia supplying hydrogen fuel. We are pulling all facets of the supply chain together to deliver a complete solution for commercial and industrial users. We will continue to develop our existing projects and the partnership with CAC-H2 which will allow us to bring forward hydrogen supply coverage to the east coast more rapidly. We will provide details on the first site including the proven waste to green hydrogen production process very soon.“
CAC-H2Director Arman Massoumi
“We are absolutely thrilled and looking forward to starting what will be the ‘greenest’ hydrogen project to date. This project will reduce considerable amounts of carbon for the mobility sector which will put Pure Hydrogen in the forefront of the industry.”
CAC-H2 Group CEO Glenn Davies added: “Coming together with one of Australia’s first-movers in the hydrogen fuel sector not only provides us with a solid foundation upon which to build the network of customers, but also we are gaining a highly skilled scientific and technical partner that will allow us to build a solid platform in Australia as a leading force in the rapidly growing global hydrogen economy.”