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Hydrogen hubs get $150m boost in initiative

An extra $150 million will be sunk by the federal government into hydrogen industrial hubs that all but guarantees a project in every state and territory across the country. As the government boosts its environmental credentials ahead of an increasingly tough United Nations climate conference in Glasgow in November, Prime Minister Scott Morrison and Energy …

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Sweetman Renewables forms $15m hydrogen JV

Emerging renewables player and legacy sawmill operator, Sweetman Renewables, is understood to have inked a $15 million joint venture with Singapore’s CAC-H2 to establish a hydrogen production centre of excellence in NSW’s Hunter Valley. The company, which acquired the NSW-based 100-year-old sawmill business formerly owned by the Sweetman family, is currently conducting a pre-IPO funding round …

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Biomass, green hydrogen are tasty lures for Sweetman Renewables

Sweetman Renewables is targeting the biomass and green hydrogen sectors with a $4m pre-IPO capital raising ahead of its ASX debut later this year. However, unlike most proposed new entrants to the ASX, the company has a massive advantage in the form of a profitable 100 year-old sawmill business that has long-term offtake contracts with …

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Construction boom puts Sweetman in the driver’s seat

This article originally appeared on Stockhead Sweetman Renewables is expanding its sawmilling operations to take advantage of the flurry of construction underway around Australia as well as provide a plentiful supply of biomass for hydrogen producers. Sweetman Renewables is in prime position to help fill the supply gap set to be left behind by the …

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Sweetman Renewables continues renewable energy negotiations

This article originally appeared in Energy Global Sweetman Renewables is in advanced negotiations with several sawmill and wood processing companies to secure supply of biomass for the production of domestic renewable energy, including green hydrogen, and for export. Chairman John Halkett said he was very encouraged by ongoing discussions with forest and plantation owners and …

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Patriot P2H hydrogen units to power Sweetman Renewables’ sawmill

Patriot Hydrogen has revealed today (June 22) that it will be supplying its Patriot P2H hydrogen units to Sweetman Renewables to power its sawmill in the Hunter Valley of New South Wales. Sweetman will purchase one initial P2H unit with plans to increase that figure to 15 over the next two years. Read more: Sweetman …

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Patriot’s portable hydrogen production units are in high demand

Patriot Hydrogen has the customers lining up, with a second buyer signing on to buy its revolutionary, portable “P2H” units for hydrogen and power production. Sweetman Renewables is the next in line to sign a binding agreement for one P2H unit initially, scaling that up to 15 units over the next two years. The new …

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Sweetman Renewables sets the stage for ASX debut with pre-IPO raise

Sweetman Renewables is undertaking a $2.5m pre-IPO raise to help set it up to make its ASX debut down the track. The company is working to elevate its revenue base tenfold with its expansion to three divisions covering hydrogen production, biomass supply and selling high-quality timber products. Right now, over 99 per cent of hydrogen …

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Sweetman Renewables aims to be one of the largest green hydrogen players

Sweetman Renewables has today (17th March) unveiled major plans to position itself as one of the largest true green hydrogen producers. Confirming its ambitions, the Australian company said it will convert 50 tonnes of biomass residues a day to make its green hydrogen. The process will also produce biochar. The effort will be carried out …

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Sweetman Renewables vying for pole position in green hydrogen revolution

Sweetman Renewables is positioning itself to become one of the largest true green hydrogen producers at the same time the Australian and state governments are ramping up their financial commitments to the sector. The company, which is undertaking a $1.5m pre-IPO raising, is expanding to three divisions – hydrogen production, biomass supply and high-quality timber …

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