Provaris Energy’s Tiwi H2 green hydrogen production and export project received major project status from the Northern Territory Government.
Provaris Energy (ASX: PV1) has reported significant progress on its Northern Territory-based green hydrogen export project during the September quarter, with the delivery of a positive design concept study for Tiwi H2 and advancement of a partnership over the HyEnergy development.
The concept study was completed in August after more than six months of work to position the flagship Tiwi H2 as the leading project of its kind in the region.
It confirmed the feasibility for an integrated 100,000 tonnes per annum compressed hydrogen production and export project, focusing on the technical parameters and estimated capital costs.
It also supported the merits of compression and the utilisation of Provaris’ proprietary H2Neo carriers in…