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Provaris Energy Ltd ( (AU:PV1) ) just unveiled an update.
Provaris Energy Ltd has entered a strategic collaboration with Baker Hughes to advance compressed hydrogen solutions for marine transportation and storage. This agreement formalizes their cooperation to enhance hydrogen export and import projects across Europe, leveraging Provaris’ proprietary technology and Baker Hughes’ compression expertise. The collaboration aims to develop scalable infrastructure for hydrogen supply, with ongoing projects in the Nordic region highlighting its commercial potential.
More about Provaris Energy Ltd
Provaris Energy Ltd (ASX: PV1) specializes in innovative storage and transport solutions for compressed hydrogen (H2) and carbon dioxide (CO₂) through proprietary tank designs for maritime gas carriers. The company focuses on developing integrated supply chains that support the global energy transition by emphasizing simplicity, efficiency, and scalability.
Average Trading Volume: 1,599,054
Technical Sentiment Signal: Hold
Current Market Cap: A$16.91M
See more data about PV1 stock on TipRanks’ Stock Analysis page.