- Investment Accelerates Development of the Hydrogen Ecosystem in Portugal – Bringing Renewable Clean Energy to Sines and Advancing Commercial Green Hydrogen.
SABUGO, Portugal — Fusion Fuel (Nasdaq: HTOO) announced today that it has received confirmation from the Portuguese government that it will receive an estimated €10 million grant as part of Component 14 (“C-14”) of the Portuguese Recovery and Resilience Plan to develop its 6.6MW HEVO-Industria green hydrogen project in Sines, Portugal. C-14 is focused on accelerating the energy transition by supporting the production of hydrogen and other renewable gases.