Fusion Fuel Green PLC (NASDAQ:HTOO) shares are trading higher after the company received approval for a €1.015 million grant from the European Innovation Fund’s Horizon Europe Programme.
The company was included as a member of H2tALENT, which was one of three consortia funded in the topic (HORIZON-JTI-CLEANH2-2023-1) created to develop small-scale hydrogen valleys that demonstrate the decarbonization potential of hydrogen and cover the entire value chain.
The projects envisioned within the hydrogen valley would produce over 1,200 tonnes of green hydrogen per annum, expected to be used by multiple offtakers within the industrial ecosystem ...