€36m grant boosts Fusion Fuel’s Portuguese green hydrogen plans

Solar-to-hydrogen technology provider, Fusion Fuel has boosted its Portuguese green hydrogen production plans following a €36m ($37.7m)  grant for the company and its consortium partners.

Fusion Fuel today (December 7) revealed it had been approved for the grant for its Sines Green Hydrogen Valley Alliance through Component 5 (C-05), Portugal’s Recovery and Resilience Plan.

Of the €36m awarded to the consortium, H2 View understands, €22.5m ($23.5m) will be allocated to Fusion Fuel’s H2 HEVO-SINES project, which looked to install 3,000 of the company’s HEVO-Solar electrolysers, making up 75MW of electrolysis capacity.

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