Latest PV1 News

Provaris Energy has successfully completed the first phase of engineering design for a pioneering large-scale liquefied CO₂ tank, advancing carbon capture storage solutions with Yinson Production.

Provaris Energy and Yinson Production have teamed up with Himile Heavy Industries to explore manufacturing large-scale LCO₂ tanks in China, a key step for offshore carbon capture infrastructure.

Provaris Energy has made significant strides in hydrogen and liquid carbon dioxide storage technologies, reinforcing key partnerships and securing funding to meet critical 2026 milestones.

Provaris Energy has raised $500,000 through a share placement to advance its proprietary hydrogen tank prototype and a joint venture on low-pressure liquid CO₂ storage, signaling strong board confidence and strategic momentum.

Provaris Energy’s 2025 AGM highlights strategic progress in hydrogen and CO2 storage technologies, focusing on European market expansion and a refined licensing business model.

Provaris Energy has advanced its hydrogen and carbon dioxide storage technologies through strategic partnerships and a new Norwegian fabrication facility, setting the stage for commercialisation in European energy markets.

Provaris Energy has launched a Robotics Innovation Centre in Norway, marking a pivotal step in fabricating and testing advanced hydrogen and liquid CO2 storage tanks. The initiative aims to accelerate prototype completion and commercial scalability by early 2026.

Provaris Energy has formalized a strategic collaboration with Baker Hughes to advance compressed hydrogen solutions for marine transport and storage across Europe, marking a key milestone in scaling regional hydrogen supply chains.

Provaris Energy has raised $1 million through a share placement to accelerate its hydrogen and CO2 storage and transport commercialisation programs, targeting new markets in Asia and Europe.

Provaris Energy has launched a fully funded Front End Engineering Design phase for its proprietary large-scale liquid CO2 tanks, backed by Yinson. The move signals growing market interest in scalable carbon capture shipping solutions, especially across Asia.

Provaris Energy has marked significant milestones in Q2 2025 with a key MOU with global shipping leader 'K' LINE and a joint venture formation with Yinson to commercialise proprietary hydrogen and carbon dioxide transport technologies.

Provaris Energy has raised $1.08 million through a share placement to accelerate its hydrogen and carbon dioxide storage and transport infrastructure development in Europe, including a prototype hydrogen tank program in Norway.