Provaris to develop hydrogen project in Norway
PERTH (miningweekly.com) – ASX-listed Provaris Energy will collaborate with Norwegian Hydrogen AS to develop a large-scale green hydrogen production plant at Ørskog in Ålesund municipality, in Norway.
The hydrogen plant will have a capacity of 270 MW when it is fully developed, with a production capacity of 40 000 t/y of green hydrogen. A capacity of 20 MW has been granted, and an application for a further 250 MW capacity has already been submitted and is being processed.
The project will use Provaris’ solution for storing and transporting compressed hydrogen to Europe.
Provaris told shareholders on Thursday that this investment would be vital in accelerating the transition to an emission-free society and a green economy and was an important contribution to the European Union's need to import 10-million tonnes of green hydrogen annually by 2030.
“Provaris is pleased to collaborate with Norwegian Hydrogen in developing Norway's largest production facility for green hydrogen. This is a large-scale project that will effectively meet both local demand for hydrogen and allow for flexible delivery of demanded green energy to Europe,” said Provaris MD and CEO Martin Carolan.
“The efficiency of our supply chain, based on compression, allows a flexible production, storage and transport solution that allows this to become a competitive project in the green shift.”
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