Fusion Fuel Receives Purchase Order from Portuguese Energy Company for 1.25 MW Electrolyzer Facility

Grand News Network | November 8, 2023

SABUGO, Portugal, Nov. 08, 2023 (GLOBE NEWSWIRE) -- 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 ...

Full story available on Benzinga.com

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