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€10m grant for Fusion Fuel’s 6.6MW green hydrogen project in Portugal
€10m grant for Fusion Fuel’s 6.6MW green hydrogen project in Portugal

€10m grant for Fusion Fuel’s 6.6MW green hydrogen project in Portugal

Portuguese-based Fusion Fuel has today (August 18) revealed it is set to receive an estimated €10m ($10.1m) grant from the Portuguese Government to develop its 6.6MW green hydrogen project in Sines, Portugal.

Coming as part of the Portuguese Recovery and Resilience Plan, Component 14 (C-14), the funding will be used to develop the HEVO-Industria green hydrogen project, which looks to integrate 300 of Fusion Fuel’s HEVO-Solar generators with a hydrogen refuelling station.

H2 View understands, the project which will require €25m ($25.4m) of capital investment and will produce approximately 764 tonnes of green hydrogen each year to be used for mobility and industrial applications in Sines or blended into the natural gas grid.

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