Patriot Hydrogen, is working full steam towards installing the first-ever Patriot unit in mid-2022 at Kimberley Clean Energy’s Kilto Station project near Broome, Western Australia. The modular hydrogen production unit will form part of Kimberley Clean Energy’s fossil fuel substitution strategy, with plans to add a hydrogen system in the next stage.

The A $1MM (US $711,125) in funds will also underpin Patriot’s planned initial public offering in the third quarter of 2022 while also funding the delivery of more Patriot modules to Kimberley Clean Energy, who has signed an MOU for 75 units. 

“We are thrilled by this outcome but not surprised. Our proven technology makes green hydrogen production possible in previously inaccessible locations” said Managing Director,  Mark Roberts. “This carbon-negative process for generating renewable energy & hydrogen through biomass will revolutionize the market and help companies transition to a green energy strategy while cutting costs along the way”.  

The activity was driven by corporate advisory Baker Young, who was recently appointed as Patriot’s lead broker. Baker Young brings a wealth of experience, having raised more than $100 million for ASX-listed and unlisted companies last financial year, while also assisting in 18 public listings.

In conjunction with CAC-H2, Patriot Hydrogen has developed a modular hydrogen production system capable of delivering hydrogen-rich syngas & biochar on a mass commercial scale, whilst also producing carbon credits for avoided emissions, & removal of atmospheric CO2. 

The 100% renewable process involves slowly heating biomass waste in an oxygen-starved chamber and has the ability to provide green energy for farms, construction sites, remote communities, military bases and more. The process is also well suited to produce green ammonia for the region replacing the need to import higher cost urea such as fertilizer.

“The modularity of the technology is set to transform the energy industry by making green hydrogen production possible from all locations,” said Roberts. “Before the emergence of the Patriot units, companies had to invest in multi-billion dollar centralized facilities, which are highly expensive to run.”

As the units are modular and decentralized, they are now being touted as one of the most viable solutions for organizations trying to transition to a net-zero model. In some cases, it can replace the use of fossil fuels completely offsetting thousands of tons of carbon being polluted into the atmosphere each year.