Fusion Fuel Green (NASDAQ: HTOO) has announced a new technology sale agreement with Gedisol, a Spanish developer, to supply solar-to-hydrogen systems for a 3.2 megawatt green hydrogen project located in Spain.
The company says that the facility will consist of 144 HEVO-Solar trackers that will generate an estimated 200 tonnes of green hydrogen annually. The company expects to begin construction early next year and achieve commercial operation in late 2023.
João Wahnon, Chief of Business Development at Fusion Fuel, stated: “We are pleased to have been selected to supply our technology to the Gedisol project, which will further strengthen our near-term development portfolio and accelerate our expansion into Spain that began with the Exolum project.”
Fusion Fuel is an emerging leader in the green hydrogen sector. The company is committed to accelerating the energy transition through the development of disruptive, clean hydrogen solutions. Fusion Fuel has created a modular, integrated solar-to-hydrogen generator, powered by a proprietary miniaturized polymer electrolyte membrane electrolyzer that enables off-grid production of hydrogen with zero carbon-emissions.
Shares of Fusion Fuel Green trade on the NASDAQ under the ticker symbol HTOO.