Pure Hydrogen Corporation Limited has secured the option to acquire 21 hectares of land to establish emerald hydrogen manufacturing facilities with Joint Venture partner CAC-H₂.
The site is a 21-hectare lot, adjacent to the Beerburram State Forest. The site was selected due to its strategic proximity to high-population SEQ regions, facilitating the supply of clean and affordable hydrogen to customers from the Sunshine Coast down to the Gold Coast.
Under the terms of the Joint Venture, CAC-H₂ will produce the hydrogen through the deployment of a technology process which converts hydrogen from woody bio-mass that would otherwise end up as landfill. Pure Hydrogen will then take responsibility for distribution and sales.
The option marks a key step forward in both parties’ stated commitment to build a network of hydrogen energy hubs on Australia’s east coast.
Pure Hydrogen Managing Director, Scott Brown, commented: “We are very excited to have secured this site in Bracalba, which is an ideal fit location-wise with our broader joint venture strategy to establish east coast hydrogen hubs providing clean H2 to growing markets.
“The JV plans at the site reaffirm the commitment of both Pure Hydrogen and CAC-H2 to establish as leaders in the fast-growing hydrogen industry towards Australia’s clean energy transition.
“We look forward to working with CAC-H2 and local regulators to expedite construction and development of the first plant by the end of CY2023 with it being operational from the start of 2024.”