Provaris Energy Ltd (ASX:PV1, OTC:GBBLF) has altered its executive team line up with a change of role for the company’s executive director Garry Triglavcanin, who retires today.
Expertise retained
The company will continue to benefit from Triglavcanin’s expertise as he assumes the role of product development director.
As a founding shareholder, executive and director of Provaris, Triglavcanin has played a pivotal role in the company’s growth and development.
His involvement has been particularly influential in the development of Provaris’ integrated compressed hydrogen supply chain, a project that has gained considerable attention in Europe.
His work in this area includes the successful completion of the 2023 Hydrogen Transport Comparison Report, which highlights the technical, operational and economic advantages of Provaris’ H2Neo carriers and its compressed hydrogen supply chain.
German utilities on board
The importance of Triglavcanin's contributions is underscored by recent Memorandums of Understanding (MoUs) signed with major German utilities, focusing on evaluating compression as a potential method for hydrogen supply and import.
These MoUs are testament to the growing interest in Provaris’ innovative approaches in the hydrogen energy sector.
This strategic move marks a new chapter for Provaris Energy, as it continues to cement its position in the evolving energy landscape, particularly in the European market.
With Triglavcanin in his new capacity at the helm of product development, the company is certain it is poised for further innovation and success in its compressed hydrogen supply chain endeavours.
Provaris chair Greg Martin said: “Garry’s contributions across the business over the last seven years have been extremely valuable, specifically, his dedication to all stakeholders as a board member.
“Pleasingly, the company will benefit from Garry’s ongoing commitment as he transitions to the newly created operational role of product development director. I am confident that his expertise will further strengthen the gains we continue to achieve in Europe.”
Garry Triglavcanin added: “As a major shareholder and executive of Provaris, 2024 will be a significant development year for the company as we continue to make progress in Europe on a number of fronts, especially with the testing and certification of our compressed hydrogen prototype tank.
“The role of product development director will provide me a concentrated focus on successfully delivering the company’s technical and commercial objectives.”