South Australia-based company Sparc Technologies has provided an update on the progress at its Sparc Hydrogen Joint Venture, which is looking to commercialise a process that produces green hydrogen directly from water and sunlight.
The Sparc Green Hydrogen process is a unique system using photocatalytic water splitting to produce large-scale hydrogen as a renewable fuel.
The process uses sunlight, water, and a photocatalyst to produce hydrogen without electricity. It does not require expensive electrolysers or electrical infrastructure, creating pathways to a more sustainable, cheaper and more flexible green hydrogen production.
Sparc, which recently onboarded a highly-regarded engineering consultant to complete gap analysis and costing review, said the preliminary Techno Economic Assessment (TEA) was on track to be delivered this quarter.
“Sparc is pleased to report that significant progress is being made with the Sparc Hydrogen JV and importantly, the release of the preliminary TEA is on track to be delivered this quarter,” said Sparc Executive Chairman, Stephen Hunt.
“Developments with the project continue to be very positive on a number of fronts and in particular in relation to the economic benefits that this game-changing technology may deliver.”
