PROVARIS ENERGY ORD
Provaris Energy Raises $1.08m via Placement to Advance Unique Gas Compression Technology
Hydrogen and carbon dioxide storage technology specialist Provaris Energy (ASX: PV1) has raised $1.08 million to support its continued expansion into Europe. The raising received strong institutional, sophisticated, and professional investor support with 83 million new fully paid ordinary shares to be issued at $0.013 per share, and included strong participation from Provaris directors. The […]
Provaris Energy to accelerate commercialisation of hydrogen carriers in Europe with new deal
Hydrogen transport solutions developer Provaris Energy (ASX: PV1) has signed a memorandum of understanding (MoU) with global shipping leader “K” LINE to progress commercialisation of its range of hydrogen carriers. “K” LINE operates a diverse worldwide fleet of more than 400 vessels and is pursuing environmentally friendly, sustainable maritime shipping, especially in Europe. The shipping […]
Clean hydrogen forecast to overtake LNG in race for $2.1 trillion market opportunity
The Australian government and a growing number of local clean hydrogen project developers have been buoyed by a new paper that has identified a $2.1 trillion global market opportunity. On the back of the country’s unique commodity riches, Australia has been an early mover in the global hydrogen sector, with billions invested by federal, state […]
Australia’s clean energy future receives $2 billion boost with government funded hydrogen strategy
In a move that will excite clean energy enthusiasts, the Australian government announced a substantial investment of $2 billion in the annual budget aimed at scaling up the development of its renewable hydrogen industry. The investment aims to help Australia fast-track clean energy projects and further cement its place as a leader in renewable hydrogen. […]
