Delorean Corporation Ltd ( (AU:DEL) ) has issued an announcement.
Delorean Corporation Ltd has secured a $6.08 million grant from the Australian Renewable Energy Agency (ARENA) to enhance its SA1 bioenergy facility in South Australia. This funding will support infrastructure upgrades to produce mains-grade biomethane and biogenic food-grade liquid carbon dioxide, reinforcing Delorean’s role in decarbonizing industrial sectors and advancing Australia’s renewable energy landscape.
More about Delorean Corporation Ltd
Delorean Corporation Ltd operates in the renewable energy industry, focusing on bioenergy solutions. The company is involved in the production of renewable gas and biogenic liquid carbon dioxide, with a market focus on industrial gas users and environmental sustainability.
YTD Price Performance: -26.47%
Average Trading Volume: 272,660
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$27.53M
Learn more about DEL stock on TipRanks’ Stock Analysis page.