2023-08-03 05:39:55 ET
- Fusion Fuel ( NASDAQ: HTOO ) entered a long-term green hydrogen offtake contract with a Spanish industrial group.
- The hydrogen is to be produced at a 2.5 MW green hydrogen project in Toledo, Spain that Fusion Fuel plans to develop in 2024.
- Earlier this year the project was awarded €3.3M in grant funding from Spain’s H2 Pioneros program.
- The long-term supply agreement, which provides for the supply of 111.5 tonnes of green hydrogen per annum, marks yet another important milestone in the pre-FID development of the project.
- The stock price is down 1.8% during pre-market hours on Thursday.
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Fusion Fuel enters hydrogen supply agreement with a Spanish client