Provaris signed a Memorandum of Understanding (MOU) with Total Eren, to further strengthen their co-operation on the development of solutions to transport green hydrogen projects to Asia and Europe where the application of Provaris’ compressed hydrogen storage and transport supply chain can be applied.
The MOU provides a framework for Provaris and Total Eren to work together on the identification and assessment of green hydrogen projects currently developed by Total Eren that can utilize Provaris’ GH2 Carriers for bulk transport of compressed hydrogen in markets that require imported volumes of pure gaseous green hydrogen.
Martin Carolan, Provaris Managing Director and CEO commented:
Our discussions with Total Eren over time have identified a strong alignment on the commercial and technical benefits of compression for the storage and transport of hydrogen, and we look forward to a closer relationship to facilitate and accelerate the delivery of the first fleet of GH2 Carriers
The scope of the co-operation agreement will include the identification and assessment of:
- Opportunities for the import of hydrogen into Europe using Provaris’ GH2 Carriers.
- Opportunities for the import of hydrogen into Asia using Provaris’ GH2 Carriers.
- Opportunities for a bulk Compressed Hydrogen Storage solution, utilising design concepts developed by Provaris for a floating storage.
