- Fusion Fuel ( HTOO ) Spain has been awarded a grant of €3.3M towards capital investment in a 2.4 MW green hydrogen project aimed at industrial decarbonization in Spain.
- The grant has been awarded through the H2 Pioneros Program, to which €150M had been earmarked to support commercial projects across the renewable hydrogen value chain.
- Fusion Fuel’s project is one of only 19 across Spain that were awarded grant financing through H2 Pioneros.
- Frederico Chaves, Co-Head of Fusion Fuel, commented, "This is an important milestone for Fusion Fuel and our partner in Fusion Fuel Spain, as it represents the first allocation of PERTE funds in Spain, within an extremely competitive process with 129 projects evaluated. Our project in Toledo now joins an ever-growing list of green hydrogen projects in Spain. With the land already secured, we hope to mobilize quickly to begin the permitting process with the aim of starting construction of the project in early 2024.”
For further details see:
Fusion Fuel Spain awarded €3.3M grant for hydrogen project