Provaris Energy collaborates on Rotterdam hydrogen facility, Longspur updates analysis [Video]

The partnership by Provaris Energy Ltd (ASX:PV1, OTC:GBBLF) with Global Energy Storage (GES) to evaluate the development of a hydrogen import facility in Rotterdam is attracting attention from the investment community, notably Longspur Capital, which has published an update on the company’s prospects.

Evolving hydrogen energy landscape

Longspur’s research offers an overview of Provaris’s strategic direction and financial health and reflects growing investor interest in the company’s role in the evolving hydrogen energy landscape.

READ: Provaris Energy and Global Energy Storage to develop hydrogen import facility at Rotterdam

The collaboration agreement between Provaris and GES will see the companies work together on a comprehensive pre-feasibility study aimed at demonstrating the technical and economic viability of a berthing and unloading terminal for the Provaris H2Neo compressed hydrogen ships, based at the GES site in Rotterdam.

The Rotterdam facility is intended to serve as a major offtake hub for Provaris’s hydrogen projects in Norway, placing the company logistically and geographically right at the centre …