ENERGY company Provaris has signed an agreement providing it with a supply chain partner to facilitate the delivery of the first fleet of GH2 carriers to transport green hydrogen.
The memorandum of understanding between Provaris and Total Eren aims to assess the feasibility of importing hydrogen to Europe and Asia using Provaris’ compressed hydrogen supply chain.
The agreement includes the development of strategies to meet the requirements of off-takers, port authorities, shipyards and ship operators.
French company Total Eren specialises in the development, financing, construction, operation and maintenance of power plants (mainly solar and wind) world.
The memorandum of understanding provides a framework for Provaris and Total Eren to work together on the identification and assessment of green hydrogen projects developed by Total Eren.
The projects are expected to use Provaris’ GH2 carriers for bulk transport of compressed hydrogen in markets that require imported volumes of pure gaseous green hydrogen.
Provaris managing director and CEO Martin Carolan described Total Eren as an ambitious renewable energy company with a global portfolio of green hydrogen projects under development.
“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 agreement includes the identification and assessment of opportunities for the import of hydrogen into Europe using the GH2 carrier, for the import of hydrogen into Asia using the carriers, and for a bulk compressed hydrogen storage solution.
Total Eren is working on several large-scale green hydrogen projects globally, in Australia as well as in Latin America and Africa.