Greenhy2 (ASX:H2G) signed a contract with European technology supplier H2Core to provide storage technologies as part of its new ongoing series of technology negotiations, according to a Friday Australian bourse filing.
The company said the new agreements include supercapacitor-based battery storage technology, which is cost-effective compared to traditional Li-ion batteries and has a longer life.
The company did not provide financial details of the deal.
The company's shares surged 200% in recent Friday trade, reaching their highest since mid-2023.
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