Fusion Fuel Receives Purchase Order from Portuguese Energy Company for 1.25 MW Electrolyzer Facility
2023年11月8日 - 6:00PM
Fusion Fuel (NASDAQ: HTOO) announced today that it has entered into
a sales contract with a Portuguese energy company for a 1.25 MW
HEVO-Chain Series NC electrolyzer. The system will employ Fusion
Fuel’s plug-and-play HEVO™ technology, which uses modular building
blocks to deliver green hydrogen solutions tailored to individual
customer needs.
The integrated electrolyzer and hydrogen
refuelling project was awarded funding by the European Commission
through Component 14 of Portugal’s Recovery and Resilience Plan.
The facility, which aims to produce, store, and distribute green
hydrogen for the light and heavy transport sector in the north of
Portugal, is expected to be fully installed and operational before
the end of 2024.
Frederico Figueira de Chaves, CEO of Fusion
Fuel, stated, “We are thrilled to announce this contract for the
sale of a 1.25MW HEVO-Chain system, the second such announcement in
as many months, a clear indication of the market's growing
confidence in our flexible HEVO architecture and modular approach
to deployment, one which enables us to develop fit-for-purpose
solutions that meet the evolving needs of the customer. We continue
to see significant interest in our HEVO-Chain system for projects
of all sizes.”
Pedro Caçorino Dias, Fusion Fuel´s Head of
Portugal, noted, “Our ability to design an entire hydrogen plant,
in addition to our modular electrolyzer approach, allowed us to
execute this agreement in record time, a testament to our
cutting-edge technology and our capability to deliver. It also
speaks volumes about our client's steadfast commitment to
accelerating the energy transition and reducing carbon emissions in
Portugal’s transport sector. With this project, we continue to
extend our footprint in the hydrogen mobility space, which we
believe will be a source of differentiation for us as the market
develops over the coming years.”
About Fusion Fuel Green plc
Fusion Fuel is rapidly emerging as a leader in
the green hydrogen sector committed to accelerating the energy
transition through the development of disruptive, clean hydrogen
solutions. Fusion Fuel’s patented miniaturized Proton Exchange
Membrane (PEM) electrolyzer, the HEVO, and building-block approach
to green hydrogen production, unlock unprecedented modularity and
flexibility in the design and deployment of cost-competitive,
decentralized green hydrogen solutions. Its business lines include
the sale of its electrolyzer technology to customers interested in
building their own green hydrogen production, the development of
turnkey hydrogen plants to be owned and operated by Fusion Fuel,
and the sale of green hydrogen as a commodity to end-users through
long-term hydrogen purchase agreements. Learn more about Fusion
Fuel by visiting our website at https://www.fusion-fuel.eu, and by
following us on LinkedIn.
Investor Relations
Contact
ir@fusion-fuel.eu
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