Business
Fusion Fuel Receives Purchase Order for 300 kW Electrolyzer and Balance of Plant System from Leading Global Building Solutions Supplier
Milestone contract represents first sale of HEVO-Chain technology to replace the use of fossil fuels in the industrial sector SABUGO, Portugal, Sept. 27, 2023
About this update from Fusion Fuel Green Plc
[{"type":"text","content":"Milestone contract represents first sale of HEVO-Chain technology to replace the use of fossil fuels in the industrial sector\nSABUGO, Portugal, Sept. 27, 2023 (GLOBE NEWSWIRE) -- Fusion Fuel (NASDAQ: HTOO), a developer of disruptive green hydrogen solutions, is pleased to announce that it has achieved a significant milestone in the commercialization of its HEVO-Chain system with the signing of a contract with a global leader in innovative and sustainable building solutions, operating in the cement, aggregates and other building materials segments. The client has placed a purchase order for a 300 kW PEM electrolyzer and associated balance of plant equipment. The system will use Fusion Fuel’s plug-and-play HEVO-Chain technology, which employs a building-block approach using modular 20 kW Cubes to deliver green hydrogen solutions tailored to individual customer needs. The project, which will be developed in Spain, is expected to be fully installed and operational in the first half of 2024. This project will also mark the first deployment of Fusion Fuel’s oxygen capture system, an innovation that will enable the facility to capture both the hydrogen and oxygen released during the electrolysis of water. Eight kilograms of oxygen are produced for each kilogram of hydrogen derived through electrolysis, oxygen which is typically released into the ambient environment. With Fusion Fuel’s oxygen capture system, the client can now further reduce its environmental impact by harnessing this oxygen for other applications. Frederico Chaves, CEO of Fusion Fuel, stated, “We are thrilled to be partnering with one of the world’s largest cement and building solutions companies, one that is at the forefront of sustainability and decarbonization in a critical and difficult-to-abate area of the industrial economy. We are eager to showcase the advantages of our modular HEVO-Chain system as well as deliver our oxygen capture system for the first time, demonstrating our continuing commitment to sustainability and contributing to our client’s ambitious vision for a greener future.” About Fusion Fuel Green plc Fusion Fuel is rapidly emerging as a leader in the green hydrogen sector committed to accelerating the energy transition through the development of disruptive, clean hydrogen solutions. Fusion Fuel’s patented miniaturized Proton Exchange Membrane (PE...