Fusion Fuel has entered into a sales contract with a Portuguese energy company for a 1.25-MW HEVO-Chain Series NC electrolyzer. The system will employ Fusion Fuel’s plug-and-play HEVO technology, which uses modular building blocks to deliver green H2 solutions tailored to individual customer needs.
The integrated electrolyzer and H2 refueling project was awarded funding by the European Commission through Component 14 of Portugal’s Recovery and Resilience Plan. The facility, which aims to produce, store and distribute green H2 for the light and heavy transport sector in the north of Portugal, is expected to be fully installed and operational before the end of 2024.
Frederico Figueira de Chaves, CEO of Fusion Fuel said, “We are thrilled to announce this contract for the sale of a 1.25-MW HEVO-Chain system, the second such announcement in as many months, a clear indication of the market's growing confidence in our flexible HEVO architecture and modular approach to deployment, one which enables us to develop fit-for-purpose solutions that meet the evolving needs of the customer. We continue to see significant interest in our HEVO-Chain system for projects of all sizes.”
Pedro Caçorino Dias, Fusion Fuel´s Head of Portugal said, “Our ability to design an entire H2 plant, in addition to our modular electrolyzer approach, allowed us to execute this agreement in record time, a testament to our cutting-edge technology and our capability to deliver. It also speaks volumes about our client's steadfast commitment to accelerating the energy transition and reducing carbon emissions in Portugal’s transport sector. With this project, we continue to extend our footprint in the H2 mobility space, which we believe will be a source of differentiation for us as the market develops over the coming years.”