The deal is Fusion Fuel’s first in Spain
Fusion Fuel secures industrial offtaker for Spanish project
Long-term deal marks milestone in pre-FID development of Toledo project, says Nasdaq-listed hydrogen project developer
Hydrogen technology and project development company Fusion Fuel has signed a long-term deal to supply green hydrogen from its 2.5MW project in Toledo to a major Spanish industrial group for the decarbonisation of an off-grid facility. Under the offtake deal, the company’s first in Spain, Fusion Fuel will supply 111.5t/yr to “one of Spain’s most prominent companies”. No further details about the terms of the deal were released by Fusion Fuel, which has offices in Ireland and Portugal, and listed on the Nasdaq stock exchange in 2020. The deal marks a milestone in the pre-FID development of the Toledo project, which Fusion Fuel aims to construct in 2024, the company said. Difficulties securing
Also in this section
24 January 2025
Clean hydrogen sector has enough traction globally to ride out a period of policy uncertainty under the Trump administration
23 January 2025
Russia, Poland and Romania are the biggest players when it comes to hydrogen projects in the region
23 January 2025
The UK leads Western Europe in terms of active hydrogen project market share, but developments are planned across Italy, Spain, Portugal, the Netherlands and the Nordic countries
23 January 2025
The return of Donald Trump gives further evidence of ‘big oil’ as an investable asset, with the only question being whether anyone is really surprised
