Viva Energy (one of Australia largest energy companies) has entered a strategic alliance with Hyzon Motors, (a supplier of hydrogen fuel cell-powered commercial vehicles) to provide zero-emission vehicles coupled with hydrogen refuelling solutions to customers, delivering a complete turn-key hydrogen transport solution.
Viva Energy has committed to making a small strategic investment of US$ 4 million in Hyzon as part of capital raising and listing on the NASDAQ stock exchange, via its merger with Decarbonisation Plus Acquisition Corp. announced this week.
HYZON’s next-generation Gen-3 automotive fuel cell technology will be ideal to power trucks and buses over long distances on Australian roads.
Viva Energy CEO Scott Wyatt said: “By working closely with HYZON which is experienced at developing vehicles for markets worldwide, we can develop an entire hydrogen transport solution – which can move us past the traditional roadblocks to establishing a hydrogen refuelling network, by getting hydrogen fuel cell vehicles on the road to provide the demand.”
Mr Wyatt said. “The establishment of a Hydrogen Transport Hub in Geelong, while only conceptual at this stage, could be an exciting demonstration of the types of projects we could pursue through the Energy Hub.”
CEO of Hyzon Motors Craig Knight said: “Hydrogen mobility for the Australian commercial vehicle sector holds enormous potential as fleets look to smoothly transition from fossil fuels to clean energy solutions that decarbonise their operations. Developing a hydrogen supply chain with strategic partners will be central to this transition.”
The partnership will help Viva Energy Gas Terminal project and its vision for the Geelong Energy Hub. Viva Energy announced a vision to transform its Geelong Refinery into an Energy Hub to support Victoria and South-East Australia’s energy needs. Several future energy projects are being assessed, which could see the company taking a leading role in supplying liquid fuels and gas and supporting the development of other alternative energy solutions.
Viva Energy develops an LNG regasification terminal at its Geelong refinery (the Gas Terminal Project ). The Project is a key part of its strategy to transform Geelong into a leading energy hub, designed to provide opportunities for Viva Energy and its partners to participate in the transition to a cleaner energy future.