Whitebark Energy Ltd (AU:WBE) has released an update.
Whitebark Energy Ltd has initiated a study on the commercial viability of hydrogen production using renewable geothermal energy resources at its EPG2049 asset. The project aligns with the Australian Federal Government’s substantial hydrogen production incentives and aims to contribute to the Hydrogen Highway infrastructure. The company’s strategy leverages existing assets with geothermal potential, aiming to meet the increasing demand for sustainable fuel solutions and enhance shareholder value.
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