Low-price domestic hydrogen electrolyser and storage system manufacturer Lavo has committed to building a new factory in Queensland reported to cost $20 million.
The company and its JV partner Nedstack said in a statement they would develop a fuel cell and LAVO unit (pictured) manufacturing facility in Springfield City, a private sector CBD development near Brisbane.
A memorandum of understanding has been signed with Springfield and preparations for development, which is supported by a grant from the Advanced Manufacturing Growth Centre, are already underway.
Construction is expected to begin in Quarter 3, 2021 with a targeted timeline for completion by Quarter 1, 2022.
Production is planned for later in the same year, with 50 jobs created during operation.
Lavo CEO Alan Yu said: “We are very excited to be working with the Springfield City Group and helping deliver on its vision of a city that leads in innovation, design, entrepreneurship and, importantly, sustainability.
“In the meantime, we continue to work closely with our production and manufacturing partners to bring this incredible technology into homes by July 2021.”
Lavo is partnered with well-known manufacturers Varley and Ampcontrol as well as Nedstack, Enapter, Evergen, GHD and Design + Industry.
LAVO and Springfield have also agreed to work together to identify co-development opportunities including deployment of LAVO technology across residential, industrial and commercial environments.
This includes integration of LAVO technology into utility scale solar farms developed by Springfield.
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