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GreenHy2 Set for Renewable Telecom Energy Grant
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GreenHy2 Set for Renewable Telecom Energy Grant

Tempo Australia Ltd (AU:H2G) has released an update.

GreenHy2 Limited has been recommended for a $1.5 million grant from the Australian Government’s TDRI Grant Program to develop a 100% renewable energy solution for telecommunications. The project will demonstrate a hybrid power supply system using advanced hydrogen storage technology, aiming for increased safety and reliability without the need for diesel. This innovation is expected to yield about $3 million in revenue for GreenHy2 and supports the transition towards net-zero solutions with a design that promises a minimum of ten days of operation without solar input.

For further insights into AU:H2G stock, check out TipRanks’ Stock Analysis page.

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