Fusion Fuel Secures 100 kW Electrolyzer Contract for Hospital in Iberia
June 05 2024 - 4:00AM
Fusion Fuel (NASDAQ: HTOO) announced today that it has signed a 100
kW electrolyzer supply contract for a hospital client in Iberia.
The hospital intends to capture the green oxygen created as a
byproduct of the electrolysis process for medical applications and
to use the green hydrogen generated to produce emissions-free power
for the facility. The project also includes an R&D workstream
aimed at developing and testing new materials for the Gas Diffusion
Layer and Porous Transport Layer within Fusion Fuel’s HEVO
micro-electrolyzer technology. The company expects the R&D
engagement to contribute additional technology and equipment supply
revenue beyond the initial 100 kW system. The project reflects
Fusion Fuel’s commitment to developing and delivering innovative
solutions that help our customers realize their clean energy goals.
Frederico Figueira de Chaves, Fusion Fuel’s CEO,
commented, “We are delighted to announce the signing of this
contract, which also marks our initial inroads into a new industry
segment as the end-user is a hospital in Iberia. It's also
interesting to note that the primary driver of this opportunity is
to secure the supply of medical-grade green oxygen for use at the
facility. We are thrilled to add a second project utilizing our
oxygen capture system, first piloted at our project for a cement
client earlier this year. This technology provides a unique way for
industrial and medical customers to produce efficient and
environmentally friendly green hydrogen, while also creating a
cost-effective way to capture high-purity green oxygen.”
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, flexibility,
and reliability in the design and deployment of small-to-midscale
green hydrogen solutions. Its business lines include the sale of
its electrolyzer systems, the development and sale of turnkey
hydrogen plants, and the provision of end-to-end project
engineering and advisory services. Learn more about Fusion Fuel by
visiting our website at https://www.fusion-fuel.eu, and by
following us on LinkedIn.
Fusion Fuel Investor Relations
Contactir@fusion-fuel.eu
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