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Providence will offload power from its hydrogen storage to Smartest Energy Australia in new deal

Providence will offload power from its hydrogen storage to Smartest Energy Australia in new deal

Providence Asset Group (PAG) has revealed today (July 6) a new power purchase agreement (PPA) with SmartestEnergy Australia for the output of over 30 solar farms that utilise innovative green hydrogen energy storage.

PAG will deploy cutting edge LAVO | HEOS green hydrogen energy storage and production units at each solar farm in addition to Li-ion batteries.

Providence is a leading investor in the area of hydrogen storage innovation, working with the University of NSW to develop the technology, which enables the storage of surplus electricity more cost-effectively than the lithium batteries currently in use.

Read more: Providence Asset Group signs Risen as battery supplier for Hydrogen Energy Storage Solutions
Read more:
Providence unveils plan for 1.2GWh of hydrogen storage to power regional communities

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