Provaris Energy Ltd (AU:PV1) has released an update.
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Provaris Energy Ltd has reached a significant milestone in hydrogen transportation, commencing the fabrication of their groundbreaking H2Neo carrier prototype tank, designed for bulk-scale marine transport. The company’s innovative tank design promises to revolutionize the industry by reducing weight by 30%, enhancing efficiency, and lowering emissions, with potential early commercialization in late 2024. These developments, alongside strategic partnerships and MOUs, position Provaris as a leader in the growing European hydrogen economy.
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