Provaris Energy (ASX:PV1) faces prototype tank delays amid sub-contractor bankruptcy

Provaris Energy is facing delays in its prototype tank due to the bankruptcy of sub-contractor Prodtex Industri.

The bankruptcy halts tank production crucial for final class approvals from DNV for Provaris' H2Neo carrier.

Despite setbacks, CEO Martin Carolan is committed to finding solutions and engaging stakeholders for the project's resumption.

Provaris aims to minimise delays and complete tank testing by 2024-end, ensuring commercialisation plans proceed.