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The Markets
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Provaris Energy gathers momentum in European hydrogen space

Provaris Energy gathers momentum in European hydrogen space

Provaris Energy Ltd (ASX:PV1, OTC:GBBLF) managing director and CEO Martin Carolan sits down with Jonathan Jackson to discuss the momentum the company has built up over the last quarter. Carolan speaks about the completion of design for the compressed hydrogen prototype tank, with construction in Norway on schedule to start in Q1 CY2024. He also talks through the non-binding MoU with Uniper Global Commodities SE to assess the supply of green hydrogen to Germany using Provaris’ compressed hydrogen H2Neo carriers. A second MoU has also been signed with a major German energy utility to jointly evaluate Provaris’ complete compressed hydrogen delivery chain. Other highlights include ongoing development in two collaboration projects in Norway for exporting green hydrogen using Provaris’ compressed hydrogen storage barge and carriers, with the company exploring regional opportunities for a compressed hydrogen supply chain. Finally, Carolan gives an insight into what to expect from the company in the next quarter.

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