Raven SR announced its waste-to-H₂ production facility planned for Zaragoza, Spain has been declared "A Project and Investment of Regional Autonomous Interest" by the Regional Ministry of Presidency, Economy and Justice of the Government of Aragón. This designation is for projects having special relevance for economic, social, and territorial development in Aragón, and allows for accelerated and reduced administrative deadlines. Over the past 10 years, only a limited number of projects have received this status in Spain, reflecting the high level of scrutiny and importance placed on these initiatives.

Raven SR expects the project to be operational by 2026. It will produce 75 kg of transport-grade H₂ for each ton of organic waste, or approximately 5,250 kg per day, with an annual total of approximately 1.8M kg.

"We are honored and privileged that the Government of Aragón has entrusted us with this designation," said Matt Murdock, CEO of Raven SR. "We are excited to be developing Spain's first waste-to-H₂ facility, and it reinforces Aragón's commitment to sustainable and innovative technologies. It has been a pleasure collaborating with Spain and the European Union on developing the H₂ Valleys across Europe. Raven's technology will deliver renewable H₂ to the Aragón region, and it will reduce the amount of organic waste destined for landfills, as well as landfill and transportation emissions."

The Raven SR technology is a non-combustion thermal, chemical reductive process that converts organic waste and landfill gas to H₂ and Fischer-Tropsch synthetic fuels. Unlike other H₂ production technologies, its Steam/CO₂ Reformation does not require fresh water as a feedstock and uses less than half the energy of electrolysis. The process is more efficient than conventional H₂ production and can deliver fuel with low to negative carbon intensity. Additionally, Raven SR's goal is to generate as much of its own power onsite as possible to reduce reliance on and/or be independent of the grid. Its modular design provides a scalable means to locally produce renewable H₂ and synthetic liquid fuels from local waste.

The company's project has been supported by the European Commission, which granted the company €2.4 MM in aid in 2022 to start up the plant. Raven has also obtained an additional €1.4 MM from the Ministry for Ecological Transition and the Demographic Challenge in Spain through the Perte H₂ Cadena Valor C2 grant, the final decision of which was announced in May of this year.