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
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