GreenHy2 Ltd
(ASX:H2G) Share Price and News
Introduction to GreenHy2 (ASX:H2G)
GreenHy2 (ASX:H2G) is a provider of Solid-State Hydrogen Storage (SSHS) batteries. The technology leverages metal hydrides for hydrogen storage, storing the hydrogen molecules directly in a ferrous titanium lattice.
It is the only provider of this kind of technology resolving the issue of energy storage in a way that is environmentally-friendly (by not relying on fossil-fuel-backed diesel generators) and safe.
The eight key benefits are: Environmental sustainability, exceptional density, ability to operate at an extremely low pressure, an extended lifespan and reliability, the ability to store power indefinitely, reduced safety concerns, versatility and uniqueness.
GreenHy2's History
The company was incepted in 2011 by Charlie Bontempo. It was formerly known as Tempo Australia, only changing its name in 2022. The technology owned by the company was developed in Germany with GKN. H2G and GKN have the exclusive right to integrate, assembly and supply the equipment in Australia and New Zealand, as well as the right to act on a non-exclusive basis throughout Southeast Asia on a project-by-project basis subject to GKN's approval.
Future Outlook of GreenHy2
GreenHy2 is at an early stage but has a handful of key partnerships with industry players. In particular, it has run a 12-month trial with Essential Energy to use its hydrogen-powered batteries to power a heritage accommodation cottage on the NSW North Coast.
Is GreenHy2 Ltd (ASX:H2G) a Good Stock to Buy?
Investing in GreenHy2 presents a futuristic opportunity, albeit with risks typical of an early-stage company in an early-stage sector like Hydrogen. Overall, there's too much risk for most investors (particularly retail investors) to consider it.
Our Stock Analysis
Nanosonics (ASX:NAN): A disinfection company turning itself around and has gained 50% so far in 2025
Nanosonics (ASX:NAN) was in the best space to be during the pandemic – disinfection technology. Its flagship Trophon machines are…
Here are 5 Warren Buffett stock moves that were made in the last quarter
Last week was one of those 4 times per annum we get to see some Warren Buffett stock moves. Berkshire…
Medigrowth delivers on its 2023 capital raising
It’s been a great couple of years for the Melbourne-based medicinal cannabis company Medigrowth Australia Pty Ltd. Back in mid-2023,…
The saga continues: 4 WiseTech directors quit en masse due to disagreements with Richard White
4 WiseTech directors quit en masse this morning, and that was just the start of the bad news facing the…
Want to know how to read stock charts well? Here’s your ultimate 2025 guide to Technical Analysis
Many investors will know technical analysis has become an increasingly important part of stock analysis, but they may not know…
Frequently Asked Questions
GreenHy2 specializes in developing Solid State Hydrogen Storage Batteries integrated with 100% renewable energy generation.