GreenHy2 announcement overview

GreenHy2 Limited (ASX:H2G) has signed a $1.5M agreement with Telstra to supply its Hy2MEDI generation and storage system, funded by a Federal Government Grant. The system, designed for telecommunications infrastructure, aims to provide a renewable energy solution for critical sites, transitioning to a diesel-free future.

Executive commentary

The agreement with Telstra marks a significant milestone for GreenHy2 as we continue to advance renewable energy solutions for critical infrastructure. This project demonstrates our commitment to providing reliable, safe, and sustainable power systems, aligning with the global shift towards net zero solutions. We are excited about the potential to expand this renewable energy solution to more critical infrastructure sites, contributing to a cleaner and more resilient telecommunications network.

Summary of GreenHy2 announcement

GreenHy2 (ASX:H2G) has secured a $1.5M agreement with Telstra to supply a renewable energy solution for telecommunications infrastructure, funded by a Federal Government Grant. The Hy2MEDI generation and storage system aims to transition critical sites to a diesel-free future, utilizing solar panels, solid-state hydrogen battery, and fuel cells. The project's success could lead to the adoption of renewable solutions across Telstra's extensive network, contributing to a cleaner and more resilient telecommunications infrastructure. GreenHy2 remains committed to updating shareholders on significant developments as they occur.