Fusion Fuel Receives Purchase Order for 300 kW Electrolyzer and Balance of Plant System from Leading Global Building Solutions Supplier
September 27 2023 - 3:00AM
Fusion Fuel (NASDAQ: HTOO), a developer of disruptive green
hydrogen solutions, is pleased to announce that it has achieved a
significant milestone in the commercialization of its HEVO-Chain
system with the signing of a contract with a global leader in
innovative and sustainable building solutions, operating in the
cement, aggregates and other building materials segments. The
client has placed a purchase order for a 300 kW PEM electrolyzer
and associated balance of plant equipment. The system will use
Fusion Fuel’s plug-and-play HEVO-Chain technology, which employs a
building-block approach using modular 20 kW Cubes to deliver green
hydrogen solutions tailored to individual customer needs. The
project, which will be developed in Spain, is expected to be fully
installed and operational in the first half of 2024.
This project will also mark the first deployment
of Fusion Fuel’s oxygen capture system, an innovation that will
enable the facility to capture both the hydrogen and oxygen
released during the electrolysis of water. Eight kilograms of
oxygen are produced for each kilogram of hydrogen derived through
electrolysis, oxygen which is typically released into the ambient
environment. With Fusion Fuel’s oxygen capture system, the client
can now further reduce its environmental impact by harnessing this
oxygen for other applications.
Frederico Chaves, CEO of Fusion Fuel, stated,
“We are thrilled to be partnering with one of the world’s largest
cement and building solutions companies, one that is at the
forefront of sustainability and decarbonization in a critical and
difficult-to-abate area of the industrial economy. We are eager to
showcase the advantages of our modular HEVO-Chain system as well as
deliver our oxygen capture system for the first time, demonstrating
our continuing commitment to sustainability and contributing to our
client’s ambitious vision for a greener future.”
About Fusion Fuel Green plc
Fusion Fuel is rapidly emerging as a 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 and
flexibility in the design and deployment of cost-competitive,
decentralized green hydrogen solutions. Its business lines include
the sale of its 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. Learn more about Fusion
Fuel by visiting our website at https://www.fusion-fuel.eu, and by
following us on LinkedIn.
Investor Relations
Contact
ir@fusion-fuel.eu
Media Contact
fusionfuel@celicourt.uk
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