Getech Group PLC - Leeds-based provider of geoscience data - Signs agreement with SGN Commercial Services for the development of a green hydrogen production and distribution facility on SGN's former gas holder site in Inverness, Scotland.
New hydrogen facility is expects to scale to 8.0 tonnes of hydrogen per day. SGN will now prepare the site development including the removal of the existing gas holder, which is set to take place in the second quarter of 2022.
Current stock price: 34.00 pence, up 4.6% on Tuesday
Year-to-date change: up sharply from 12.71p
By Dayo Laniyan; dayolaniyan@alliancenews.com
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