National H2 to build hydrogen plants in Australia
The company is set to announce the acquisition of sites in the next few weeks.
A new green energy heavyweight has been launched today, National H2, to build Australia’s first network of hydrogen production plants.
The company intends to purchase businesses with existing revenue streams, contracts, infrastructure, biomass supplies, and industrially-zoned land, which they will use to develop state-of-the-art hydrogen facilities.
National H2 will be able to accelerate its pathway to hydrogen production as they are targeting sites that have the land, cash flow and feedstock required to execute projects of this calibre.
The company is set to announce the acquisition of sites in the next few weeks.
Once National H2 has started constructing waste-to-energy plants and has a series of offtake agreements in place, it will seek a planned listing on a major exchange to expand its operations into more sites.
Through this strategy, National H2 believes they are strongly positioned to build the next generation of legacy infrastructure that will connect millions of people with clean hydrogen energy for the next hundred years.
As Australia’s western trade partners work towards their net-zero targets, hydrogen will begin to dominate the global energy market. Known for being an exporter of world-class resources and being strategically located near major energy consumers such as China, India and Japan, Australia has an unprecedented opportunity to capitalise on the lucrative opportunities the market presents.