Total Eren signs deal to explore carriers for hydrogen export

Total Eren signs deal to explore carriers for hydrogen export

Australian developer Provaris (ASX:PV1) has signed a memorandum of understanding (MoU) with Total Eren to examine import and export solutions for compressed hydrogen.

ASX-listed Provaris said the agreement would see the two co-operate on the development of projects that could eventually see the transport of green hydrogen from Total-led projects to markets in Asia and Europe.

These would use Provaris’ own proprietary vessel design. Dubbed Gaseous Hydrogen (GH2), these gas carriers are capable of carrying compressed hydrogen, and are currently designed on two variants, capable of carrying either 26,000 m3 or 120,000 m3 of gaseous hydrogen.

Part-owned by French energy major TotalEnergies, Total Eren develops, owns and operates a portfolio of renewable energy plants. It currently holds around 3.5GW of capacity in operation around the world, mainly in solar and wind, as well as a further development pipeline of some 4GW.

The group is also working on several large-scale green hydrogen projects, including in Latin America (Chile, Argentina, Brazil, Colombia), in Australia, and in Africa (Morocco, Egypt and Mauritania).

Alongside export opportunities for green hydrogen, Provaris said its co-operation with the develop will include evaluating a floating bulk compressed hydrogen storage solution, using its design concepts developed by Provaris.

Provaris said the two have identified “project