Fusion Fuel Green Hosts Third Quarter 2022 Investor Update
November 28 2022 - 5:10AM
Fusion Fuel Green PLC (NASDAQ: HTOO) ("Fusion Fuel"), an emerging
leader in the green hydrogen sector, today announced financial
results for the third quarter ended September 30, 2022. The
quarterly shareholder letter is available at
https://ir.fusion-fuel.eu/financials-filings/earnings-releases
Third Quarter 2022 Highlights
- Received approval
for €10 million in grant funding from C-14 of PRR to develop the
HEVO-Industria project in Sines
- Announced completion
independent technology assessment of Fusion Fuel and HEVO-Solar
system by Black & Veatch
- Announced completion
of three-month performance audit of HEVO-Solar system by TUV
SUD
- Commenced
construction on Exolum project in Madrid, Spain
- Filed two additional
patents
Subsequent Events
- Announced €5 million
tech sale contract with Gedisol for 3.2 MW green hydrogen project
in Spain
- Announced €2 million
tech sale contract with KEME Energy for green hydrogen project in
Portugal
- Commissioned H2Évora
Green Hydrogen Plant
- Entered into
agreement with Duferco Energia SpA to develop
Italian Green Hydrogen Market
- Announced
involvement in 4 projects preselected for €13 million in grants
through Spain’s H2 Pioneros Program
- Announced entry into
centralized PEM electrolyzer market with HEVO-Chain; filed
associated patent
- Announced agreement
with Electus Energy to develop 75 MW green hydrogen
project in Bakersfield, California
Fusion Fuel will host a live conference call and webcast today,
November 28, 2022.
- Time: 10:00am ET / 3:00pm WEST
- Participant Dial-In: +1 (312) 248-9348
- Participant ID: 075606
- Participant Passcode: 1616
- Webcast registration page:
https://www.bigmarker.com/izigo/2022-Q3-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 has
created a modular, integrated solar-to-hydrogen generator, powered
by a proprietary miniaturized PEM electrolyzer, that enables
off-grid production of green hydrogen. 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. For more information,
please visit https://www.fusion-fuel.euInvestor Relations
ContactBen Schwarzir@fusion-fuel.eu
Media Relations ContactRobert
Collinsfusionfuel@gatewayir.com
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