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Delorean Corporation Ltd ( (AU:DEL) ) just unveiled an update.
Delorean Corporation Ltd has announced significant regulatory changes in Australia that enhance the viability of its biomethane projects. The amendments to the Australian Standards and the National Greenhouse Energy and Reporting (NGER) Scheme recognize biomethane as a natural gas equivalent, allowing companies to use Renewable Gas Guarantee of Origin (RGGO) certificates to reduce emissions. These changes are expected to improve Delorean’s project timelines, reduce costs, and provide greater market certainty, positioning the company to accelerate its commercial project rollout and capitalize on new opportunities.
More about Delorean Corporation Ltd
Delorean Corporation Ltd operates in the renewable energy industry, focusing on the production and supply of renewable gas, particularly biomethane. The company is involved in projects that integrate renewable gas into existing energy systems, aiming to reduce emissions and enhance sustainability.
Average Trading Volume: 202,422
Technical Sentiment Signal: Buy
Current Market Cap: A$36.35M
Learn more about DEL stock on TipRanks’ Stock Analysis page.