Australia’s Hazer Group has inked an Memorandum of Understanding (MoU) with Chubu Electric Power Company and Chiyoda Corporation to build a Hazer production facility in the Chubu region in Japan.
Hazer, Chubu Electric and Chiyoda have agreed to work collaboratively to prepare the project development plan for a clean hydrogen and graphitic carbon production hub in the Chubu region of Japan, based on Hazer’s proprietary technology.
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Chubu Electric Power plans to use the produced hydrogen as a fuel for power generation, and other hard to abate industries, as well as mobility, in the Nagoya area.
The project’s planned production facility will have a target ultimate hydrogen production capacity of between 50,000 and 100,000 tonne per annum (“tpa”), planned to be achieved in stages. The initial hydrogen production capacity is currently anticipated to be between 2,500 and 10,000 tonne per annum.
Hazer Group CEO Glenn Corrie said, “Hazer has always viewed Japan as an important and strategic market for the deployment of our unique technology. By integrating our technology into the existing energy value chain, we can contribute to the decarbonisation of hard-to-abate sectors such as power generation, heavy industry and mobility.
“We feel privileged to be working with world-class and strategically aligned partners in Chubu Electric and Chiyoda, both of which have been leaders in their fields and have a demonstrated vision to decarbonise society. This partnership complements our already established partnership with Mitsui relating to our graphite offtake and is further validation of the Hazer technology business plan.”
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The Japanese Government recently announced its plans to increase its hydrogen supply target to 12 million tonne per annum by 2040, or a sixfold increase over the current target of 2 million tonne per annum. This is in addition to the already existing use of hydrogen in industrial sectors. In addition to Japan, Hazer views other geographies in the Asia Pacific region, such as Singapore and Korea, as key strategic markets for the deployment of its technology.
