Home Bulletin detail

Hazer Secures $6.2M Lower Carbon Grant for Clean Hydrogen Development

2024-12-25 11:24

Wedoany.com Report-Dec 25, Following the announcement on December 3, 2024, regarding the grant awarded by the Western Australian Government under the Lower Carbon Grants Program – Gorgon Fund, Hazer Group Ltd ("Hazer" or "the Company") (ASX: HZR) is pleased to announce the execution of the Financial Assistance Agreement (“FAA”) and the acceptance of the related Project Plan. The signing of the FAA and other routine deliverables releases the first payment of $1.963 million in early Q1 2025.

Under the FAA, Hazer will be eligible to draw-down the remainder of the $6.2 million funding package in multiple tranches subject to meeting key milestones relating to the development and operations of the Company’s commercial reactor scale-up program at the Commercial Demonstration Plant (CDP). The commercial-scale reactor technology that will be tested under this program will be capable of large-scale application with a single train capacity of up to 40,000tpa of hydrogen and 120,000tpa of graphite.

Hazer’s CEO and MD Glenn Corrie said, “This non-dilutive funding substantially co-funds Hazer’s 2025-2026 work program to advance our commercialisation strategy and expedite the delivery of our unique technology to our growing global customer base. Once again, Hazer would like to acknowledge the recognition and support from the WA State Government and the Gorgon Joint Venture.”

About Hazer Group Ltd Hazer Group is an Australian technology company, driving global decarbonisation efforts with the commercialisation of the company’s disruptive world-leading climate-tech. Hazer’s advanced technology enables the production of clean and economically competitive hydrogen and high-quality graphite, using natural gas (or biogas) feedstock and iron-ore as the process catalyst.

This newsletter is compiled and reprinted from the global Internet and strategic partner information, and it is only for readers' communication. If there are any infringements or other issues, please inform us timely, this site will be modified or deleted. Email: news@wedoany.com
Negotiable
Car charging supercapacitor battery 12V100Ah 12V50Ah long-life replacement battery, etc.
Negotiable
Does the cold winter make your car unable to start? This palm sized product can help your car HOT export starting power supply 16V for new energy vehicles, two wheeled tricycles, providing assistance in starting your beloved car in winter, 2000F
Negotiable
6000mAh super capacitor battery 21700 electronic spray 4.2V6000F electric logistics vehicle electric two wheeled tricycle battery flashlight electric toy car
Negotiable
Square and Round Digital Instruments
Negotiable
Compact Digital Instrument
Negotiable
DIN Rail Digital Instrument
Negotiable
Rectangular Digital Instrument
Negotiable
Square Digital Instrument
Negotiable
C3 and E3 Series Digital Multifunctional Electrical Measuring Instruments
Negotiable
Digital Multifunctional Electrical Measuring Instrument
Negotiable
Processing customized supercapacitor battery 4V 4.2V starting power module 2400F 2600F new energy battery vehicle electric two wheeled three wheeled four wheeled vehicle, etc
Negotiable
4.2V supercapacitor battery 2000F electric vehicle can be used about 20000 times. Application scenarios can be selected and customized
Negotiable
Original factory direct sales energy storage group 3.6V2000F graphene supercapacitor 2.7V 3000F Farad supercapacitor 18650 guide needle
Negotiable
186500S flat top rechargeable battery 4000mAh graphene supercapacitor battery 3.6V charging power supply
Negotiable
48V51.2V200ah10kw 15 degree household solar photovoltaic supercapacitor battery energy storage wall mounted supercapacitor battery
Negotiable
Graphene supercapacitor battery 4.4V emergency start 4000F energy storage cell soft pack super start power supply
Negotiable
18650 Capacitor Battery 2500mAh 2.7V 3.7V 4.2V 3000mAh Outdoor Charging Refrigerator Safety Protection and Other Applications Wide Power Nuclear New Energy Supercapacitors Supercapacitors Supercapacitors 18650
Negotiable
GHenergy Graphene 3.0V Supercapacitors 3000F Bolt Cylindrical Start up Energy Storage Power Supply Photovoltaic Energy Storage Used Over 100000 Times
Bulletin
Agrivoltaics Deal to Bring 9,000 Sheep to 1GW Solar Park Iraq’s Artawi Oil Field Gets Ready for a Massive Boom Uzbekneftegaz Forecasts Gas Production Decline to 26.5 Billion Cubic Meters by 2025 Bioelectrolyzer That Produces Hydrogen From Microorganisms in Waste Opens up Possibility for Large-Scale Production Hyphen Hydrogen Energy and SDG Namibia One Fund Agree on Equity Stake in Country’s First Gigawatt-Scale Green Hydrogen Project Primary Hydrogen Completes Non-brokered Flow Through Private Placement SCZONE Secures $64B in Green Hydrogen Investments With 12 Framework Agreements for 18M Tons Annual Production Bharat Petroleum Wins 150 MW of Solar in NTPC Auction With INR 2.55/kWh Bid Fifth Round of Green Energy Auction for Offshore Wind Projects in the Philippines Set for Q3 2025 European Energy and Novo Holdings Partner to Repower German Wind Farms GE Vernova to Provide HVDC System for South Korea Power Grid Project Vestas Announces Four New Orders Totalling 151 MW GE Vernova’s Advanced Research Centre Supplies Wind Turbine to NREL BLM Approves Two Rivers Wind Energy Project China’s First Zero-Carbon Highway Includes PV, Paving Way for Sustainable Transport US-Backed Econergy Secures Financing for 92 MW Solar Farm in Romania NY Utility Approves Battery Storage Project on Shuttered US Nuclear Site BP Bags 450MW Site in Japan Offshore Auction Petrobras Terminates Sale of Two Oil & Gas Fields Offshore Brazil The New Capacity Market, Key to Battery Deployment in Spain