Hazer Group has received a significant financial boost in the form of a $6.2 million grant from the Western Australian Government’s Lower Carbon Grants Program.
This funding will support Hazer’s efforts to scale up its commercial reactor technology, which is crucial for advancing their production of clean hydrogen and graphite. A portion of the grant, approximately $2 million, will be distributed in the initial phase, enabling Hazer to enhance the commercialization of their technology and extend their market presence globally.
The financial assistance from the government highlights the importance of investing in green technologies. Hazer’s work in producing clean hydrogen and graphite not only supports environmental goals but also provides scalable solutions that have the potential to transform industries worldwide. This grant is a testament to the increasing global focus on sustainable energy solutions and the role of innovation in achieving these goals.
This funding is expected to accelerate their technology deployment, leading to increased production capacity and the ability to meet growing international demand for sustainable energy sources.
