Close Menu
Energy NewsEnergy News
  • NEWS
    • Breaking News
    • Hydrogen
    • Energy Storage
    • Grid
    • SMR
    • Projects
    • Production
    • Transport
    • Research
  • SPOTLIGHT
    • Interviews
    • Face 2 Face
    • Podcast
    • Webinars
    • Analysis
    • Columnists
    • Reviews
    • Events
  • REGIONAL
    • Africa
    • Americas
    • Asia
    • Europe
    • Middle east
    • Pacific
  • COMMUNITY
  • ABOUT
    • Advisory Board
    • Contact us
    • Report Your News
    • Advertize
    • Subscribe
LinkedIn X (Twitter) YouTube Facebook
Trending
  • BP Eyes Offtakers for German Green Hydrogen Plant as It Retreats from UK Projects
  • Daimler Truck Defers Hydrogen Rollout but Maintains Strategic Confidence in Long-Term Value
  • Chile’s $16B H2 Magallanes Green Hydrogen Project Faces Environmental Pushback
  • India Expands Green Hydrogen R&D Push with Second Call for Proposals under National Mission
  • VERBUND and Fluence Advance Germany’s Grid Stability with 92MW of New Battery Storage
  • Malaysia Launches Hybrid Hydro-Solar and Green Hydrogen Hub
  • Assam’s Pause on Green Hydrogen Policy Raises Investor Concerns Amid Shifting Incentives
  • Masdar and EnBW Team Up on Offshore Wind, Energy Storage and Green Hydrogen Development
LinkedIn X (Twitter) YouTube Facebook
Energy NewsEnergy News
  • NEWS
    • Breaking News
    • Hydrogen
    • Energy Storage
    • Grid
    • SMR
    • Projects
    • Production
    • Transport
    • Research
  • SPOTLIGHT
    • Interviews
    • Face 2 Face
    • Podcast
    • Webinars
    • Analysis
    • Columnists
    • Reviews
    • Events
  • REGIONAL
    • Africa
    • Americas
    • Asia
    • Europe
    • Middle east
    • Pacific
  • COMMUNITY
  • ABOUT
    • Advisory Board
    • Contact us
    • Report Your News
    • Advertize
    • Subscribe
Energy NewsEnergy News
Home Home - Hydrogen
Green Hydrogen H2 News

Getech acquires new contracts worth $2.15 million

Arnes BiogradlijaBy Arnes Biogradlija07/07/20222 Mins Read
Share
LinkedIn Twitter Facebook Email WhatsApp Telegram

Getech, a geoenergy and green hydrogen startup, has landed new contracts worth $2.15 million.

These include sales of geoscience data and product renewals and expansions for the Group’s ground-breaking Globe knowledge base, which models the evolution of the earth over the past 400 million years.

The agreements include a multi-product sale of $0.9 million to a worldwide critical minerals company. This is the largest deal Getech has ever received in the critical minerals industry.

The marketed packages enable access to Getech’s extensive and cutting-edge proprietary geoscience data library. The Globe knowledge base synthesizes this data into a ‘digital twin’ of the Earth, modeling geologic, climatic, and oceanographic systems to provide unique insight into the processes that locate and concentrate energy and critical mineral resources, which are necessary for the delivery of a sustainable and secure energy transition.

In 2022, it is anticipated that around 56 percent of these new sales will result into income. This aligns Getech with market estimates for yearly sales growth of double digits. Getech’s orderbook is at an all-time high, and its balance provides a solid basis for multi-year, diverse growth.

Getech’s Chief Executive Officer, Dr Jonathan Copus, commented:

“While companies and governments continue to expand their investment in new sources of energy and minerals, today’s new sales announcement – and the record size of Getech’s orderbook – provide further evidence of how demand for our products continues to grow in our target markets of transitional petroleum, critical minerals, storage, geothermal and hydrogen.

In addition to driving near-term revenue, we use our products and capabilities to help us establish strategic partnerships through which we are building our own portfolio of low carbon investments, with our first green hydrogen hub developments making good progress in Inverness and Shoreham.

Getech’s products and our ambition to establish at least 500MW of geoenergy and green hydrogen assets by 2030, place us at the heart of the energy transition and are part of the solution to the world’s energy security challenge. This positions Getech well to deliver a step change in shareholder value.”

Share. LinkedIn Twitter Facebook Email

Related Posts

Hydrogen

BP Eyes Offtakers for German Green Hydrogen Plant as It Retreats from UK Projects

15/07/2025
Daimler Truck Defers Hydrogen Rollout but Maintains Strategic Confidence in Long-Term Value

Daimler Truck Defers Hydrogen Rollout but Maintains Strategic Confidence in Long-Term Value

15/07/2025
Chile's $16B H2 Magallanes Green Hydrogen Project Faces Environmental Pushback

Chile’s $16B H2 Magallanes Green Hydrogen Project Faces Environmental Pushback

15/07/2025
Green Hydrogen

India Expands Green Hydrogen R&D Push with Second Call for Proposals under National Mission

15/07/2025
hydrogen

Malaysia Launches Hybrid Hydro-Solar and Green Hydrogen Hub

14/07/2025
hydrogen

Assam’s Pause on Green Hydrogen Policy Raises Investor Concerns Amid Shifting Incentives

14/07/2025
Hydrogen

BP Eyes Offtakers for German Green Hydrogen Plant as It Retreats from UK Projects

15/07/2025
Daimler Truck Defers Hydrogen Rollout but Maintains Strategic Confidence in Long-Term Value

Daimler Truck Defers Hydrogen Rollout but Maintains Strategic Confidence in Long-Term Value

15/07/2025
Chile's $16B H2 Magallanes Green Hydrogen Project Faces Environmental Pushback

Chile’s $16B H2 Magallanes Green Hydrogen Project Faces Environmental Pushback

15/07/2025
Green Hydrogen

India Expands Green Hydrogen R&D Push with Second Call for Proposals under National Mission

15/07/2025

Subscribe to Updates

Get the latest news from the hydrogen market subscribe to our newsletter.

LinkedIn X (Twitter) Facebook YouTube

News

  • Inteviews
  • Webinars
  • Hydrogen
  • Spotlight
  • Regional

Company

  • Advertising
  • Media Kits
  • Contact Info
  • GDPR Policy

Subscriptions

  • Subscribe
  • Newsletters
  • Sponsored News

Subscribe to Updates

Get the latest news from EnergyNewsBiz about hydrogen.

© 2025 EnergyNews.biz
  • Privacy Policy
  • Terms
  • Accessibility

Type above and press Enter to search. Press Esc to cancel.