Lion Energy is undertaking preliminary discussions on the supply of green hydrogen to fleet operators and public agencies in Australia, with a focus on Queensland.
As a result, the company intends this to lead to the identification of the location for the first hydrogen production and refuelling station by year-end.
Executive chairman Tom Soulsby has said the company welcomes the recent announcement by the Australian federal government to boost the federal investment under the clean hydrogen industrial hubs program.
Path Investments plc (LON:PATH) is an energy investment company, and is focused on making investments in the energy sector on a global basis. The company seeks to create value for its shareholders through acquisitions, joint ventures or direct interests in energy businesses or associated projects.