Provaris Energy sets solid foundation for green Tiwi H2 Project with concept design study
The study confirms the Tiwi H2 asset can support an integrated compressed hydrogen production and export project, targeting first production in 2027 and a 30-year mine life.
Provaris Energy Ltd (ASX:PV1) has cut the ribbon on a concept design study for its proposed green hydrogen project in the Tiwi Islands.
The Tiwi H2 Project is designed to export 100,000 tonnes of green hydrogen every year from 2027 over a 30-year mine life, and this concept design study lights the fuse for future development.
Now, Provaris can move ahead with work to inform front-end engineering and design (FEED)-level technical, commercial and economic studies and consider financing options.
Importantly, the study reinforced several observations and outcomes from Provaris’ 2021 compressed hydrogen chain scoping study, meaning last year’s vision remains consistent with the concept that’s taking shape.