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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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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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