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
