Founded by Australian Infrastructure Leaders
GreenHy2, ASX:H2G was formerly listed on the Australian Stock Exchange as Tempo Australia Limited ASX;TPP, the company was founded in 2011 by Charlie Bontempo, one of the four founders of United Group Limited, which went on to become one of Australia’s largest Engineering Construction companies. Guido Belgiorno-Nettis, one of the owners of Transfield Holdings, an iconic Australian construction company and long-time Executive and Director of Transfield, invested significantly into Tempo and followed Charlie Bontempo as Chairman in 2016. In 2019 Dr Paul Dalgleish joined the team, having worked with both Charlie and Guido previously, and established the Hydrogen business, also investing significantly into the company. All three are still major share-holders today in GreenHy2 (H2G).
Since 2019 the company has been positioning itself in Hydrogen Technology in order to service the emerging hydrogen economy. After successful delivery of a number of solar projects the company began to focus on Hydrogen for energy storage and quickly established a strategic focus on Metal Hydride Storage. Over the next year the company had relationships with a number of Metal Hydride technology providers including the University of New South Wales and both Chinese and French Hydrogen start-ups, using a variety of Metal Hydrides. It became clear that there were significant advantages, and levels of commercialisation, with some hydrides and their technology providers. Careful examination of the sector identified that GKN were leading the world in the commercialisation of the most promising of Metal Hydrides for storage of Hydrogen.
During their careers, Charlie, Guido and Paul have all played a big part in Australia's infrastructure sector and to date have delivered many of the largest infrastructure projects. This heritage has delivered considerable strategic expertise to H2G.
In order to reflect the company's focus on the Hydrogen and renewable energy market, Tempo Australia Limited, was formally renamed GreenHy2 in 2022, and now has the ticker H2G on the ASX which is also serves as a Brand and Trading name.
H2G has exclusively partnered with GKN Hydrogen for Australasia to provide their solid-state hydrogen storage technology. GKN's patented technology surpasses all other hydrogen storage systems on the market in terms of cost, safety, level of commercialisation, recyclability and provides the unique opportunity for 100% renewable energy systems. The result is the H2G Energy Solution requires no back-up diesel generators powered by fossil fuels.
H2G is now well positioned to be a critical building block in the future of Australian Hydrogen Infrastructure. The Private and Public sector, including Utilities for power and telecommunications, transitioning to renewable energy, are already consulting with H2G for solutions to meet their renewable energy targets.