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Fuel Cells Works, Fusion Fuel Green Hosts Third Quarter 2021 Investor Update

Fusion Fuel Receives Approval for €10 Million Grant From Component 14 of Portugal’s Recovery and Resilience Plan to Develop HEVO-Industria Project

By | Europe, News | No Comments August 18, 2022 | 3 min read August 18, 2022 | 3 min read
  • Investment Accelerates Development of the Hydrogen Ecosystem in Portugal – Bringing Renewable Clean Energy to Sines and Advancing Commercial Green Hydrogen.

SABUGO, PortugalFusion 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.

Fuel Cells Works, What's Stopping the World From Using More Green Hydrogen?

What’s Stopping the World From Using More Green Hydrogen?

By | Europe, News | No Comments August 17, 2022 | 9 min read August 17, 2022 | 9 min read
  • 45 countries are devising or have published hydrogen strategies, utilizing green hydrogen as a means to decarbonize industry.
  • GH2’s high production costs are hampering its industrial application.
  • A multi-faceted industrial policy is needed to facilitate the emergence of GH2 as a breakthrough technology in a world that is heavily locked into fossil fuel-based technologies.
  • The potential of renewable energy and land availability in the Global South create a major competitive advantage for regions with surplus renewable resources to become sites of green industrialization.
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