Fusion Fuel Green Hosts Fourth Quarter 2022 Investor Update
February 28 2023 - 5:15AM
Fusion Fuel Green PLC (NASDAQ: HTOO) ("Fusion Fuel"), an emerging
leader in the green hydrogen sector, today announced financial
results for the fourth quarter ended December 31, 2022. The
quarterly shareholder letter is available at
https://ir.fusion-fuel.eu/financials-filings/earnings-releases
Fourth Quarter 2022 Highlights
- Announcement of €5m
contingent technology sale contract for a 3.2 MW green hydrogen
project in Spain
- Announcement of €2m
technology sale contract with KEME Energy for a green hydrogen
project in Portugal
- Announcement of an
agreement with Duferco Energia SpA to develop Italian green
hydrogen market
- Announcement of an
agreement with Electus Energy to develop a 75 MW green hydrogen
project in Bakersfield, California
- Introduced a new
centralized PEM electrolyzer solution, the HEVO-Chain and filed
respective patent
- Fusion Fuel
consortium awarded €36m grant from Portugal’s C-05 Mobilizing
Agendas for Business Innovation
- Announcement of €9m
Sale and leaseback of Benavente factory
Subsequent Events
- Announcement of an
offtake agreement with Portuguese gas utility Dourogás
- Announcement of the
signature of the Terms of Acceptance for €10m grant funding from
C-14 of PRR
- Selected for €2.54m
technology sale tender for CSIC in Spain, pending final contract
negotiations
- Awarded €3.35m H2
Pioneros grant under the PERTE program in Spain for a 2.4 MW
project
- Signed MoU with a
leading logistics equipment provider to create hydrogen logistic
equipment solutions together
Fusion Fuel will host a live conference call and webcast today,
February 28, 2023.
- Time: 10:00am ET / 3:00pm WEST
- Participant Dial-In: +1 (312) 248-9348
- Participant ID: 034088
- Participant Passcode: 7139
- Webcast registration page:
https://www.bigmarker.com/izigo/Q4-2022-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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