Fusion Fuel announced on 17 August that it has submitted three projects to the H2 Pioneers II program, the second such funding call for innovative green hydrogen projects within the framework of the Spanish Recovery, Transformation and Resilience Plan (PERTE).
The three projects, which have a cumulative electrolysis capacity of approximately 13 MW, would be powered by Fusion Fuel’s cutting-edge HC-Series NC technology, the company’s modular centralized PEM electrolyzer. Fusion Fuel has secured offtake and power purchase agreements for all three projects, which would produce over 1,500 tonnes of green hydrogen per annum in total. The company has requested €24.7 million in subsidies across the three projects.
H2 Pioneers II has been allocated €150 million to support the implementation of innovative projects that combine the production and local consumption of renewable hydrogen, in particular for hard-to-abate sectors like industry and heavy mobility. Fusion Fuel had previously been awarded €3.3 million in grant funding in the inaugural H2 Pioneers funding call earlier this year.
Photo courtesy of Fusion Fuel
Press release https://ir.fusion-fuel.eu/news-releases/news-release-details/fusion-fuel-submits-three-green-hydrogen-projects-spanish-h2
