Fusion Fuel Green PLC announced that its subsidiary, Bright Hydrogen Solutions Ltd. (BrightHy Solutions), has been selected to advance to final contract negotiations as part of two tender processes to develop two new green H2 projects in southern Europe.
BrightHy Solutions was selected as the preferred partner to advance to the negotiations of the final contract for the development of a 2-MW H2 project for a cement company in southern Europe, aimed at supplying H2 and oxygen as part of the client’s decarbonization objectives. This project would be the first project in the company’s proposed H2 investment partnership structure, in which the company would receive a €30-MM commitment under terms outlined under a non-binding term sheet, as described in the company’s press release dated July 22, 2025, subject to the execution of definitive agreements with the proposed partner.
BrightHy Solutions was also selected to negotiate a final contract as the engineering and installation partner and equipment provider consultant for a H2 plant and refueling station in Portugal for a multi-national construction company. The proposed project would also be executed with certain strategic partners of BrightHy Solutions.
Both projects are the result of competitive tender processes and extensive due diligence conducted by counterparties. The projects are currently in the contract negotiation phase, there is no assurance that definitive contracts will be executed.
“These projects are the result of months of close collaboration and solution tailoring with potential partners and clients,” said Frederico Figueira de Chaves, CEO of BrightHy Solutions. “The cement project would, if secured under the proposed terms, be an important step for us, not only due to the profile of the counterparties involved, but also because it would be the first project within our proposed investment vehicle portfolio, aligning with our broader strategy to scale meaningful H2 infrastructure across the region.”