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Provaris Energy raises A$1.5 million to support hydrogen and CO₂ initiatives
Nov 07, 2024•over 1 year ago
Contract Type
partnership
SydneyEnergyRenewable Energy
Description
Provaris Energy Ltd has raised A$1.5 million through a share placement at A$0.02 per share to support priority business development activities in Europe related to hydrogen and CO₂ as well as preparations for the future restart of its prototype tank program.
Company Information
Company
Provaris Energy
Location
Sydney, New South Wales, Australia
About
Provaris Energy Ltd (ASX: PV1) is advancing innovative Compressed Hydrogen (H2) and Carbon Dioxide (CO₂) storage and transport solutions through proprietary tank designs, maritime gas carriers and integrated supply chain development. Focused on simplicity, efficiency and scalability, Provaris enables regional supply chains that support the global energy transition.
SydneyEnergyRenewable Energy