Provaris Energy Ltd (AU:PV1) has released an update.
Provaris Energy Ltd is making significant strides in the hydrogen sector, with growing engagement from suppliers and off-takers, and advancements in developing future hydrogen supply chains utilizing its proprietary compressed hydrogen storage solutions. The company is progressing towards concrete commercial agreements, underpinned by the successful negotiation of MOUs with German utilities and collaborations for hydrogen supply projects in the Nordics. With a goal to transport 250,000 tonnes of hydrogen to Europe by 2030 using their innovative H2Neo carriers, Provaris is poised to address the European market’s demand for bulk-scale, cost-effective hydrogen transport and storage.
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