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IN BRIEF: Atome Energy prepares Paraguay site for 1MW electrolyser

Mon, 18th Jul 2022 17:45

Atome Energy PLC - Leeds, England-based producer and marketer of green hydrogen and ammonia - Says site clearance in Paraguay begins at location for 1 megawatt electrolyser hydrogen production unit, which is currently being built by Doncaster-based Clean Power Hydrogen PLC. Site is located within greater Asuncion area. Expects first production of hydrogen in first half of next year.

Also notes ongoing discussions with suppliers of hydrogen-powered heavy goods vehicles, "with a view to first deliveries during the course of next year".

Current stock price: 85.00 pence, up 1.8% on Monday

12-month change: up 6.3% from December's 80p initial public offering price

By Elizabeth Winter; elizabethwinter@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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