Australian hydrogen shipping start-up Provaris Energy has teamed up with French renewable energy developers Total Eren to transport green hydrogen to Asia and Europe, where the application of Provaris’ compressed hydrogen storage and transport supply chain can be applied. Provaris is developing a 26,000 cu m compressed hydrogen carrier dubbed H2Neo, which it hopes will be constructed in mid-2023, pending approval.
Total Eren is specialized in the development, financing, construction, operation and maintenance over the long-term of renewable energy power plants (mainly solar and wind) worldwide. In particular, Total Eren is working on several large-scale green hydrogen projects globally, including Latin America (Chile, Argentina, Brazil, Colombia), in Australia, and in Africa (Morocco, Egypt and Mauritania).
A memorandum of understanding will provide 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 to import volumes of pure gaseous green hydrogen.
The agreement includes the development of solutions that will meet the requirements of off-takers, port authorities, shipyards, and ship operators.
It also provides Provaris with a key partner to facilitate and accelerate the delivery of the first pure gaseous hydrogen (GH2) carrier, including investigation of a future financing scheme, as well as opportunities for an in-house developed compressed floating hydrogen storage solution (pictured below).
“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,” Provaris managing director Martin Carolan said. “We look forward to a closer relationship to facilitate and accelerate the delivery of the first fleet of GH2 carriers.”
Source: Provaris
