Raven SR announces massive partnership deal

Posted 4/29/21

Partnership is to build up to 100 hydrogen hubs.

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Raven SR announces massive partnership deal

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PINEDALE – A Pinedale-based renewable fuels company is partnering with a zero-emission commercial vehicle manufacturer to build waste-to-hydrogen hubs starting next year.

Raven SR LLC and Hyzon Motors Inc. announced on Tuesday morning they’re embarking on a joint venture to build up to 100 hydrogen hubs across the United States with eyes on global markets.

According to a release, the first hubs of this partnership will be built in the San Francisco Bay Area and are expected to commission in 2022 before expansion. The hubs can be built at or near landfills, where Raven SR will convert mixed and multiple organic wastes into renewable hydrogen for Hyzon’s vehicle production.

Raven SR’s patented Steam/CO2 Reformation process allows it to be one of the few combustion-free, waste-to-hydrogen processes in the world. The State of California EPA’s Department of Toxic Substances confirmed that process meets “zero combustion” standards and does not create toxic pollutants.

“We are excited to launch these local hydrogen hubs with Hyzon Motors, one of the fastest growing hydrogen mobility companies in the industry,” Raven SR CEO Matt Murdock said in a release. “Raven’s technology dependably converts mixed carbonaceous waste into consistent hydrogen-rich syngas, which then produces more hydrogen per ton of waste than other processes. Raven can also easily process natural and renewable gases alone or combined with solid waste. Our process eliminates waste from going into the landfill, and together with Hyzon’s fleet will eliminate emissions pollution.”

As part of the agreement, Hyzon has acquired a minority interest in Raven SR. Hyzon is based in Rochester, N.Y., with operations also in Europe, Asia and Australia.

“Hyzon aims to be one of the first companies to supply our customers with a hydrogen fuel cell truck, including our own garbage trucks, at total costs of ownership parity with diesel-powered commercial vehicles,” Craig Knight, CEO and co-founder of Hyzon Motors, said. “With our leading fuel cell technology, we are working closely with partners to scale up hydrogen production in the U.S. and globally. In Raven, we see a technology that is highly efficient in waste conversion, scalable and mobile, enjoying a low cost of hydrogen and most importantly, capable of producing the quantity of green hydrogen that our vehicles will need. One hundred hydrogen hubs could convert over 5,000 tons of waste per day and power over 10,000 trucks.”

Projections shared state each hub will house a Raven SR production unit. Initial hubs are expected to produce 50 tons of solid waste per day, which will yield up to 4.5 tons of renewable hydrogen. Estimates suggest that’s enough to power 100 heavy-duty commercial vehicles. A release states future hubs could be scaled up to triple the size.

In February, Hyzon announced it entered into a definitive agreement for a business combination with Decarbonization Plus Acquisition Corporation that would result in Hyzon itself becoming a publicly listed company. Completion of the proposed transaction is subject to closing conditions and is projected to occur sometime in the fiscal second quarter this year.