FinTechFunding

Provaris Energy: Signs MOU with Norwegian Hydgrogen AS for green hydrogen projects

Provaris Energy Signs MOU with Norwegian Hydgrogen AS for green hydrogen projects

  • Provaris Energy (PV1) signs a memorandum of understanding (MOU) with Norwegian Hydrogen AS to collaborate on green hydrogen value chain projects in the Nordics
  • The companies will collaborate using Pro varis’ GH2 Carriers and storage solutions, and Norwegian Hydrogen’s proposed hydrogen production and export sites
  • The MOU provides a framework to jointly undertake a concept design study to review and select a site for domestic and export volumes of hydrogen
  • The platform has also joined to Norwegian Energy Partners (NORWEP) to increase market awareness and identify potential collaboration partners
  • Shares in The platform are up 11.4 per cent, trading at 4.9 cents as of 11:40 am AEDT
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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