Provaris Energy

Use less renewable energy to deliver more hydrogen

Eliminates complex & capital-intensive supply chain processes

Compression of Hydrogen is proven technology

Delivers hydrogen aligned with Europe’s demand & policy ambitions

Offers the lowest delivered cost from regional supply projects

Flexible import solutions for off-takers to balance market demand

Illustration: H2Neo carrier and H2Leo barge at loading site

Hydrogen

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Why Invest?

Montserrat

We're working with industrial partners to enable a portfolio of hydrogen supply projects in gaseous form to avoid the capital and energy intensive requirements of alternative liquid or chemical carriers.

Our proprietary H2Neo carrier is based on a conventional MR tanker 

store (450-tonnes) hydrogen at 250 bar MAOP. US Patent has been granted on the cargo containment system and integration into the hull.

through extensive IP development, including AiP and FEED Design Approval by Class, risk and safety studies, with a prototype tank the final stage.

Use of proven compression technologies and loading infrastructure

 offers flexible and low capex jetty solutions, with studies demonstrating delivery at the lowest cost curve.

Partnership with global shipping operator “K” LINE 

to advance the commercialisation through ownership (financing), newbuild, and operating fleet charter terms.

 to create effective supply chains, including Term Sheet agreement with Uniper Global Commodities underscores the importance of Provaris solution.

Capital 'Lite' and a industry proven IP License commercial model

 to focus on early cash flow and remove the burden of large capex.

Offers a competitive advantage by adressing the primary challenges with scaling new supply chains.

In 2024, Provaris announced the results of a ‘Concept Design Study’ for a bulk-scale supply chain from Norway to Germany. Results validate the low energy use and low capital of Provaris’ compressed hydrogen solution for regional marine transport of hydrogen in gaseous form. 

In comparison to an Ammonia supply chain, Provaris' regional supply model delivered 50% more hydrogen at a 20% Lower Cost!

10x reduction in supply chain energy losses

from Nordic region: lowest-cost renewable baseload power, regional proximity, security of supply.

via three collaboration MOUs with German utilities

 Uniper & Norwegian developer – targeting Binding SPA in 2025 (1×H₂Leo barge, 2×H₂Neo carriers)

 developing Norway–Germany supply chain – targeting Term Sheet mid-2025.

 targeted for 2026 to meet delivery in 2029.