new research report out
https://www.vennbrown.com/research
Commercialisation phase: Hazer has just commissioned its first scale commercial demonstration plant (CDP) and is already working with global giants Fortis, Chubu Electric, Engie and Mitsui to bring three other facilities online. With each facility worth around US$100 million, these plants will make Hazer a US$300 million company over the next three to five yearsTen facilities in ten years: Hazer is targeting ten operating facilities within ten years, a goal that seems conservative given the group’s capital-light model of licencing the technology rather than building and operating the facilities themselves. These ten facilities represent just half a per cent of current global hydrogen demand.
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