Fusion Fuel Announces Appointment of David Lovell as Head of Australian Operations
November 15 2021 - 4:00AM
Fusion Fuel Green PLC (NASDAQ: HTOO) ("Fusion Fuel"), an emerging
leader in the green hydrogen sector, announced the appointment of
David Lovell as CEO of Fusion Fuel Australia, its wholly owned
subsidiary. In his role, David will be responsible for building out
Fusion Fuel’s commercial and operational presence in Australia and
the Asia Pacific region.
“I couldn’t be more pleased to be joining Fusion Fuel at such a
pivotal time,” offered David Lovell. “Australia has the potential
to become one of the leading producers of green hydrogen, and its
strong solar resource makes it the ideal geography for Fusion
Fuel’s solar-to-hydrogen HEVO technology. Hydrogen is uniquely
suited to effect the decarbonization of domestic heavy industry,
mining, and transportation, and the government has already made
aggressive commitments to position Australia as a world leader in
the green hydrogen sector. I am fortunate to have the opportunity
to help Fusion Fuel execute on its ambitions to accelerate the
energy transition and become a major player in the global hydrogen
economy.”
David joins Fusion Fuel from Infrastructure SA, an independent
advisory body helping make infrastructure planning and investment
decisions for the State of South Australia, where he served as
Deputy Chief Executive. David has over 30 years of experience in
the finance, investment banking and construction industries, having
previously held multiple senior-level roles at the Bank of Tokyo,
Transfield Holdings, Leighton Contractors (now CIMIC) and Origin
Energy.
Jeffrey Schwarz, Chairman of Fusion Fuel, commented on the
appointment: “We are thrilled to welcome David to Fusion Fuel as
Head of our Australian business. His addition reflects an
acceleration of our growth strategy, which is indicative of both
the dynamism of the hydrogen economy and the importance of
Australia as a strategic market for us. David’s extensive
relationships with key public and private sector stakeholders and
considerable commercial experience developing large-scale
infrastructure projects makes him the ideal candidate for this
role. We are confident he will help us capitalize on our early
successes and establish a significant presence in Australia.”
About Fusion Fuel Green PLC
Fusion Fuel is an emerging leader in the green
hydrogen sector committed to accelerating the energy transition
through the development of disruptive, clean hydrogen technology.
Fusion has created a revolutionary, integrated solar-to-hydrogen
solution that enables off-grid production of hydrogen with zero
carbon-emissions. Fusion Fuel’s business lines include the sale of
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.
Forward Looking Statements
This press release contains forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. Forward-looking statements are statements that
are not historical facts. The words “believe,” “may,” “estimate,”
“continue,” “anticipate,” “intend,” “should,” “plan,” “could,”
“target,” “potential,” “is likely,” “will,” “expect” and similar
expressions, as they relate to us, are intended to identify
forward-looking statements. Fusion Fuel has based these
forward-looking statements largely on its current expectations and
projections about future events and financial trends that Fusion
Fuel believes may affect its financial condition, results of
operations, business strategy and financial needs. Such
forward-looking statements are subject to risks (including those
set forth in Fusion Fuel’s Annual Report on Form 20-F, filed with
the Securities and Exchange Commission on May 14, 2021) and
uncertainties which could cause actual results to differ from the
forward-looking statements. Any forward-looking statement made by
Fusion Fuel herein speaks only as of the date on which it is made.
Factors or events that could cause our actual results to differ may
emerge from time to time, and it is not possible for Fusion Fuel to
predict all of them. Fusion Fuel undertakes no obligation to
publicly update any forward-looking statement, whether as a result
of new information, future developments or otherwise, except as may
be required by law.
Investor Relations Contactir@fusion-fuel.eu
For more information, please visit
https://www.fusion-fuel.eu
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