Raven SR Receives €1.7M Grant to Support Waste to Hydrogen Production Facility in Spain

Raven SR, Inc., a renewable fuels company, has received a €1.7M grant from the European commission to support the development of a waste to hydrogen production facility in the Aragón region of Spain.

The funding is part of a broader €14 million European Commission grant to Hy2Market, a multi-regional project led by the New Energy Coalition to research and produce hydrogen on an accelerated time frame.

Raven SR is set on revolutionizing the way the world uses waste. Given growing populations and consumption, waste could quickly become an insurmountable problem. But with Raven SR’s innovative minds, organic waste could now be converted to clean hydrogen and synthetic Fischer-Tropsch fuels. The company uses a patented Steam/CO2 Reforming process which negates the need for combustion. The process mixes feedstock into saleable products. Its design provides higher energy output per ton of waste than any other waste-to-hydrogen technology worldwide.

The new facility in Aragón will produce 1,600 metric tons per year of renewable hydrogen from approximately 75 tons of organic solid waste per day. It was chosen late last year by the S3 European Hydrogen Valleys Partnership as the best new industrial European initiative linked to hydrogen due to its advanced technological development stage and potential for scaling up in the European Union.

Raven SR is also part of the Pilot Action Hy2Market and European Consortium related to the Interregional Innovation Investment Funding Instrument I3, which aims to support the commercialization and scaling up of interregional European innovation projects and investments through the development of European hydrogen value chains.

Who We Are:

Research and development is the engine of economic growth in an increasingly knowledge-based global economy, however more investment is needed to help boost human creativity, innovation and economic output. 

Swanson Reed is one of Spain’s largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.

To find out more about R&D or to determine the eligibility of your business for receiving an R&D tax credit, contact a Swanson Reed R&D Tax Advisor today.

Recent Posts

Leave a Comment