Liberty Hydrogen has launched with development plans underway to build industrial-scale biomass to green ammonia facility in Western Australia for domestic and international sale.
The planned state-of-the-art facility will require large volumes of wood waste to convert pure hydrogen into green ammonia, which the company has already identified.
The global production capacity of grey ammonia is expected to expand from around 235 million metric tons in 2019 to nearly 290 million metric tons by 2030. For companies to meet net-zero targets, ammonia production will need to transition to a low-carbon ‘green’ process.
Liberty Hydrogen’s green ammonia facility targets a starting capacity of 100,000 tonnes of green ammonia, positioning itself as a leader in the burgeoning low-carbon ammonia sector.
Aviation H2’s Series C Capital Raise
Aviation H2 is launching its Series C Capital Raise via the online trading platform PrimaryMarkets, to finance the next stage of building Australia’s first hydrogen-powered plane in the skies in 2023.
The company will use the funds to build test beds to convert trial engines to hydrogen, allowing them to find the optimal conversion method.
Once the trials are complete, the company will implement their model on a Dassault Falcon 50 jet plane and begin running test flights.
After showcasing their successful proof of concept, Aviation H2 will have a patentable method for modifying aircraft so they operate on carbon-free fuel.
Following this, they will seek to certify and commercialise this product via a planned public listing on a major exchange in Q4 of 2023.