Fusion Fuel Green Hosts Second Quarter 2023 Investor Update
August 30 2023 - 6:15AM
Fusion Fuel Green plc (NASDAQ: HTOO) ("Fusion Fuel"), an emerging
leader in the green hydrogen sector, today announced financial
results for the second quarter ended June 30, 2023. The quarterly
shareholder letter is available
at: https://ir.fusion-fuel.eu/financials-filings/earnings-releases
Second Quarter 2023 Highlights
- Won €2.46 million green hydrogen
equipment supply contract with CSIC in Spain
- Published inaugural ESG
Report
- 1 MW project in Italy using Fusion
Fuel technology awarded grant to support its execution
- Further invoices issued for
technology and turn-key project sales
Subsequent Events
- Announced long-term green hydrogen
offtake contract with a Spanish industrial group
- Submitted three projects to Spanish
H2 Pioneers II program and four projects to the new Portuguese C-14
program, cumulatively representing nearly 70 MW of electrolyzer
capacity. Finalized acceptance tests at the Exolum hydrogen
plant
- Creating strategic partnership with
Duferco Energia to enter Italian market, starting with a 1 MW
HEVO-Chain Series NC project in Southern Italy
- Signed agreement with Hydrogen
Ventures to reach FID on a €20+ million project in Portugal by end
of 2023
- In negotiations with BGR Energy to
install 1 MW HEVO-Chain demonstrator in India in 2024
Fusion Fuel will host a live conference call and
webcast today, August 30, 2023.
- Time: 10:00am ET / 3:00pm WEST
- Participant Dial-In: +1 (312)
248-9348
- Participant ID: 453546
- Participant Passcode: 5134
- Webcast registration page:
https://www.bigmarker.com/izigo/Q2-2023-Update-Fusion-Fuel
The webcast may also be accessed through the
Events page on the Fusion Fuel website (www.fusion-fuel.eu). A
playback will be available for replay online for a period of time
following the call.
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 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. For more information,
please visit: https://www.fusion-fuel.eu
Investor Relations
ContactBen Schwarzir@fusion-fuel.eu
Media Relations
ContactAnna
Rutterfusionfuel@gateway-grp.com
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