The partnership will evaluate the technical and economic viability of adapting Provaris' proprietary technology, including tank design and fabrication methodology, for CO2.
Provaris Energy Ltd and Global Energy Storage (GES) have entered a collaboration agreement to develop a gaseous hydrogen import facility at the GES terminal in Rotterdam.
Successful completion of Prototype Tank testing secures all necessary design and technology development approvals to commit to shipbuilding projects for Provaris' H2Neo compressed hydrogen carriers.
Provaris has launched a gaseous hydrogen floating storage solution called H2Leo, with a design capacity range of 300 to 600 tonnes of hydrogen, expandable to up to 2,000 tonnes.
Norway represents 50 per cent of the hydropower reservoir capacity of EU and is consequently key in reaching the REPowerEU ambition of 10mtpa hydrogen import by 2030.
Provaris signs MOU with Total Eren for co-operation on green hydrogen projects using compressed hydrogen storage and transport solutions to reach the Asian and European markets