Raven SR has announced the appointment of Stuart A. McFarland to its Board of Directors to support its Californian biomass-to-hydrogen fuel facility in 2024.
The former Executive Vice-President (EVP) and Chief Financial Officer of Fannie Mae, CEO of GE Capital Asset Management, and EVP and General Manager of GE Capital Mortgage Services is expected to advance the construction of Raven’s California facility.
The biomass-to-hydrogen site will utilise the company’s non-combustion thermal, chemical reductive process that converts organic waste and landfill gas to hydrogen and Fischer-Tropsch synthetic fuels.
Raven’s steam/CO2 reformation technology does not require fresh water as a feedstock and uses less than half the energy of electrolysis, potentially making it more efficient that conventional hydrogen production.
Read more:Raven SR: The global expansion of an innovative waste-to-hydrogen solution
Commenting on McFarland’s appointment, Matt Murdock, CEO of Raven SR, said, “His exceptional insights and management experience, combined with proven financial acumen gained from his leadership roles at leading companies will be invaluable assets as we continue our journey to revolutionise renewable energy solutions.”
McFarland added, “As we enter 2024, the need for localised and renewable energy production is extremely important, and we have it right at our doorstep. I’m pleased to be joining Raven at this pivotal time for both the company and the global energy transition.”
McFarland will be joined on the board with representatives from Chevron, Itochu Corporation, Ascent Funds, and Intellergy. The company has stated McFarland “exemplifies Raven SR’s dedication to leveraging diverse expertise for sustainable energy innovation.”
Raven’s California plant received approval last May (2023), after the California Environmental Quality Act (CEQA) permit was agreed by Richmond City Council.
The project is set to divert up to 99 wet tonnes of green and food waste per day into the steam/CO2 reforming process, producing up to 2,400 metric tonnes of hydrogen a year.
Read more:Raven SR’s California waste-to-hydrogen plant receives approval
You can learn more about waste-to-hydrogen technology and its potential in H2 View’s, Class of H2 Biomass to Hydrogen workshop, hosted by Stephen B. Harrison, Founder and Managing Director at sbh4 GmbH in Germany. Find out more here.
