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IN BRIEF: Oracle Power JV signs deal to support green hydrogen project

Wed, 15th Jun 2022 12:49

Oracle Power PLC - London-based power and natural resource project developer with projects focused on Pakistan - Reports that its joint venture, Oracle Energy Ltd, has signed a non-binding memorandum of understanding with Jiangsu Guofu Hydrogen Energy Equipment Co Ltd. The deal seeks to explore hydrogen storage and hydrogen refuelling infrastructure opportunities. These opportunities will then support the commercialisation of Oracle Energy's 400 megawatt green hydrogen project in Pakistan.

Current stock price: 0.28 pence, up 1.1% in London

12-month change: down 43%

By Heather Rydings; heatherrydings@alliancenews.com

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22 Jun 2023 10:17

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22 Jun 2023 08:57

LONDON MARKET OPEN: FTSE 100 struggles ahead of anticipated BoE hike

(Alliance News) - Stock prices in London opened lower on Thursday, ahead of the Bank of England's interest rate decision at midday, which is expected to result in the central bank's 13th consecutive hike.

5 Jun 2023 12:41

Oracle Power inks deal to develop commercial side of Pakistan project

(Alliance News) - Oracle Power PLC on Monday said that its subsidiary has signed an agreement to develop commercial avenues for a green hydrogen project in Pakistan.

30 May 2023 18:01

IN BRIEF: Oracle Power aims to add solar and wind to hydrogen project

Oracle Power PLC - Pakistan-focused developer of energy projects - Updates on green hydrogen project development. Notes the project steering committee has already held its first meeting. Adds project has taken another major step forward in relation to the completion of the bankable feasibility studies for the 1.2 gigawatt hybrid power grid interconnection and storage architecture for the project. Consultants have been commissioned and funded to conduct power studies, and establish the feasibility of integrating solar and wind energy technologies into the project. The hybrid power study encompassing 700 megawatt solar and 500 megawatt wind power, is expected to be completed by the third quarter.

16 May 2023 17:26

IN BRIEF: Oracle Power signs deal for Thar power plant in Pakistan

Oracle Power PLC - Pakistan-focused developer of energy projects - Signs memorandum of understanding for the off-take and development of its 1.32 gigawatt Thar coal fired power plant in the Sindh Province, Pakistan.

9 May 2023 14:45

TRADING UPDATES: Rainbow Rare Earths raises GBP7.5 million in placing

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

27 Apr 2023 17:35

TRADING UPDATES: Yourgene Health sees revenue above market forecasts

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

19 Apr 2023 13:57

Oracle Power progresses Pakistan project with PowerChina agreement

(Alliance News) - Oracle Power PLC on Wednesday said that it has signed a cooperation agreement with PowerChina International Group Ltd to develop a one gigawatt solar-based power production plant in Pakistan.

20 Mar 2023 11:09

Oracle Power registers land lease with Sindh government in Pakistan

(Alliance News) - Oracle Power PLC on Monday said the award of its recently acquired land lease has now been registered in the government of Sindh's land registry.

7 Mar 2023 12:05

Oracle Power signs green hydrogen project accord with Chinese partner

(Alliance News) - Oracle Power PLC on Tuesday said it signed a memorandum of understanding with China Electric Power & Technology Co Ltd to potentially develop a green hydrogen project in Pakistan.

6 Mar 2023 14:32

IN BRIEF: Coro Energy to appoint Oracle Power CEO as non-exec director

Coro Energy PLC - South East Asia-focused energy - Says it intends to appoint current chief executive officer of Oracle Power PLC Naheed Memon as a non-executive director. Says Memon has extensive experience in both the public and private sector in Pakistan and internationally.

24 Feb 2023 15:12

Latest Share Chat

Oracle Power Share News (ORCP)

Share Price Information for Oracle Power (ORCP)

IN BRIEF: Oracle Power JV signs deal to support green hydrogen project

AIM WINNERS & LOSERS: Biome wins contract; Oracle raises GBP363,000

LONDON MARKET OPEN: FTSE 100 struggles ahead of anticipated BoE hike

Oracle Power inks deal to develop commercial side of Pakistan project

IN BRIEF: Oracle Power aims to add solar and wind to hydrogen project

IN BRIEF: Oracle Power signs deal for Thar power plant in Pakistan

TRADING UPDATES: Rainbow Rare Earths raises GBP7.5 million in placing

TRADING UPDATES: Yourgene Health sees revenue above market forecasts

Oracle Power progresses Pakistan project with PowerChina agreement

Oracle Power registers land lease with Sindh government in Pakistan

Oracle Power signs green hydrogen project accord with Chinese partner

IN BRIEF: Coro Energy to appoint Oracle Power CEO as non-exec director

Oracle Power subsidiary joins Dii energy alliance

Oracle Power joins Dii Desert Energy to harness emission-free energy

Oracle Power advances its Green Hydrogen project in Pakistan

TRADING UPDATES: Anglo Asian Mining reports mineral resource estimate

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IN BRIEF: Oracle Power JV signs deal to support green hydrogen project

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