In order to construct its first non-recyclable waste plastic to hydrogen plant employing the technology of Powerhouse Energy Group, National H2 has obtained a location on West Mundijong Industrial Estate. The plant is anticipated to begin operations in the first half of 2024.
Powerhouse has completed a feasibility assessment, and Serpentine Jarrahdale Shire, the local council, has given the project its full support and is working to hasten the permitting process.
In order to fund the remaining stages of building the West Mundijong hydrogen plant, which will produce 1,200 tonnes of hydrogen annually and generate more than $6 million in revenue each year, National H2 is currently initiating a capital raise on the VCEX.
Moreover, National H2 is in advanced talks with a number of organizations to build other hydrogen facilities utilizing Powerhouse technology in Western Australia, New South Wales, and Singapore.
By a planned listing on a favorable exchange in the first half of 2024, the company will finance its APAC expansion while speeding up the development of these factories.
National H2 will be accepting investment bid applications after receiving a lot of interest to make sure investors don’t lose out on this exceptional chance that grants seed-level access to a Company with aspirations to build over 240 hydrogen plants around the APAC region.
There are 20 slots available for retail investors, however the offer is primarily for experienced or professional investors. Place your bid right now if you’re interested in the next capital raise.
