LAVO Renewables Pty Ltd Expands to Tokyo for Japan's Green Hydrogen Transformation
Key Ideas
- LAVO Renewables Pty Ltd, an Australian startup, has developed a hydrogen energy storage system using metal hydride technology.
- The company has established a subsidiary in Tokyo to support Japan's green hydrogen agenda and global hydrogen supply chain.
- LAVO plans to commercialize its hydrogen storage technologies for various sectors like transportation and industry.
- Through collaboration with universities and clean tech companies, the company aims to expand the applications of its technology worldwide.
LAVO Renewables Pty Ltd, an Australian startup founded in Sydney in 2020, specializes in hydrogen energy storage utilizing metal hydride technology. The company has established a pioneering hydrogen energy storage system that enables safe long-term storage and transportation of hydrogen. LAVO has expanded its operations globally, establishing subsidiaries in countries like Saudi Arabia and Japan. By partnering with universities and clean tech companies, LAVO aims to enhance energy security and contribute to decarbonization efforts. They have been involved in decarbonizing data centers and telecom towers in regions like South Africa and the Middle East, and are conducting demonstration projects in Southeast Asia to decarbonize islands relying on diesel generators. The establishment of a subsidiary in Tokyo is part of their strategy to support Japan's green hydrogen transformation. The collaboration with Japan is facilitated by JETRO, which provides support to foreign firms setting up or expanding business in Japan. Through this expansion, LAVO intends to commercialize its hydrogen storage technologies for various sectors and contribute to the global hydrogen supply chain.