Raven | California Waste-to-Hydrogen Project

Overview

Status

FID

Region

North America

Geography

USA

State

California

Equity Owner

Raven SR (30%), Chevron New Energies (50%), Hyzon Motors (20%)

Proponent

Raven SR S1 LLC

Output

Green hydrogen

Sustainable aviation fuel

Type of electricty

Capacity

Green hydrogen: 2,400 metric-tons/year

Financing

Technology

Technical Advisors

Stellar J Corp. (EPC)

Advisors

Project Contact

Raven CEO Matt Murdock

Lawyers

Project Cost

Offtaker

Commercial Operations Date

2025 (originally 2024)

Decommission Date

FID

Description

Raven SR, Chevron New Energies, and Hyzon Motors are collaborating to commercialize operations of a green waste-to-hydrogen production facility in Richmond intended to supply hydrogen fuel to transportation markets in Northern California.

The facility will be owned by a newly formed company, Raven SR S1 LLC. Raven SR will be the operator of the facility, which was initially targeted to come online in the first quarter of 2024, and it is now targeted to come online in 2025. Chevron holds a 50% equity stake in Raven SR 1. Raven SR holds a 30% stake and Hyzon owns the remaining 20%.

To produce the hydrogen, the project is expected to divert up to 99 wet tons of green and food waste per day from Republic Services’ West Contra Costa Sanitary Landfill into its non-combustion Steam/CO2 Reforming process, producing up to 2,400 metric tons per year of renewable hydrogen.

The hydrogen is to be used for sustainable aviation fuel production.

January 9, 2023

Raven SR brings in Chevron and Hyzon for California waste-to-hydrogen project

Raven SR, a renewable fuels company, Chevron New Energies, a division of Chevron U.S.A., a subsidiary of Chevron Corporation, and Hyzon Motors Inc. are collaborating to commercialize operations of a...

November 4, 2022

Waste-to-hydrogen developer to close $100m capital raise this month

Raven SR, a US waste-to-hydrogen developer, is working on a $100m capital raise that's expected to wrap up this month, according to four sources familiar with the matter. Raven’s C-round...

September 8, 2022

Waste-to-hydrogen developer raising Series C with bankers

Raven SR, a renewable fuels company, has opened a Series C funding round, according to a press release. Barclays and BofA Securities are advising on the process, which is expected to...