There is one more major project that was announced in the last 6...

There is one more major project that was announced in the last 6 months (to add to the other six in my last post of 2 days ago). I had initially dismissed it as the $11M Australian Government funding announced in May 2022 was cancelled in October 2022.

However, on 27 January, the “HyGATE” Solar Methanol Project was awarded AU$19.48 million from the Australian Renewable Energy Agency (ARENA) and €13.2 million (~AU$20.19m) from Germany’s Federal Ministry of Education and Research (BMBF) to develop a world-first green methanol demonstration plant in Port Augusta, South Australia. The Solar Methanol Project is developing a world-first methanol production plant using renewable energy, green hydrogen and captured industrial CO2. The project intends to use CO2 captured by the Leilac technology during the production of low emissions lime, in partnership with Adbri (ASX: ABC).

In collaboration with the project, Leilac and Adbri are pursuing opportunities to develop a renewably powered lime plant that would produce low emissions lime and capture process CO2 for potential use in methanol synthesis by the Solar Methanol Project. While Calix and Adbri are not direct recipients of HyGATE funding, HyGATE represents excellent potential to derive direct value for captured CO2 into an opportunity with significant potential to scale.

Yet another endorsement of Calix technology by Governments and major industrial companies over the last 6 months.