Australia's GreenHy2 surges on deal with European supplier

H2G

21/03/2025 02:58

** GreenHy2 H2G.AX doubles in value to A$0.012, highest since August 31, 2023

** Clean energy co signs contract with European technology supplier H2Core for storage solution technologies

** Says new agreement includes access to advanced battery storage systems that are competitive on a CAPEX basis to traditional batteries and have much lower operating costs and significantly longer life

** Co did not disclose financial details of deal

** Around 15 mln shares traded in stock's busiest session since January 30

** H2G gains 300% YTD

 (Reporting by Manasi Dasa in Bengaluru)

 ((Manasi.DasaSundeep@thomsonreuters.com;))