** Shares of Provaris Energy PV1.AX rise as much as 8.1% to A$0.02, their highest since Dec. 31 , 2024
** Stock hits its highest level since Dec. 31, 2024
** Green hydrogen producer signs conditional term sheet for hydrogen supply to a unit of German electricity producer Uniper UN0k.DE
** Says targeting binding supply deal by June
** About 3.3 mln shares change hands, compared with the 30-day average volume of 320,000
** Stock dropped 66.7% last year
(Reporting by Aaditya Govind Rao in Bengaluru)
((Aaditya.govindrao@thomsonreuters.com;))
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