Fusion Fuel Green Plc · NASDAQ:HTOO
Fusion Fuel Green — Q4 2021 Earnings Presentation
26 slides from Fusion Fuel Green's earnings presentation, Mar 3, 2022
Slide 1: Endless Energy. Unlimited Future.
ALL RIGTHS BELONG TO FUSION - FUEL – ENDLESS ENERGY. UNLIMITED FUTURE.
Slide 2: Disclaimer
ALL RIGTHS BELONG TO FUSION - FUEL — Disclaimer This presentation includes statements of future events, conditions, expectations, and projections of Fusion Fuel Green plc (t he “Company”). Such statements are “forward looking statements” within the meaning of the “safe harbor” provisions of the Unit
Slide 3: Agenda
ALL RIGTHS BELONG TO FUSION - FUEL AGENDA ▪ Chairman’s Remarks ▪ Focus on Fusion ▪ 4Q/2021 Highlights & Financial Review ▪ Business Update ▪ 2022 Milestones ▪ Q&A
Slide 4: Focus on Fusion
ALL RIGTHS BELONG TO FUSION - FUEL 01 – FOCUS ON FUSION
Slide 5: Focus on Fusion
ALL RIGTHS BELONG TO FUSION - FUEL 0 1 — FOCUS ON FUSION Best in class solar - to - hydrogen efficiency Patented HEVO micro - electrolyzer technology Modular and scalable approach Integrated, off grid hydrogen generation Market - leading levelized cost of hydrogen Highly experienced team
Slide 6: Market Dynamics
ALL RIGTHS BELONG TO FUSION - FUEL 0 1 — MARKET DYNAMICS 1 Assuming a PEM electrolyzer with a 52 kWh/kg efficiency in power to hydrogen conversion 2 Source: FRED Economic Data: Global price of Natural gas, USD per Million Metric British Thermal Unit Monthly, EU (PNGASEUUSDM) 3 Source: OMIE Iberian D
Slide 7: Q4 Highlights & Financial Review
ALL RIGTHS BELONG TO FUSION - FUEL 02 – Q4 HIGHLIGHTS & FINANCIAL REVIEW
Slide 8: Q4/2021 Highlights
ALL RIGTHS BELONG TO FUSION - FUEL 0 2 — Q4/2021 HIGHLIGHTS Fourth Quarter 2021 Highlights ▪ Entered into an EPC agreement with Exolum to deliver turnkey 0 . 42 MW green hydrogen plant and co - located hydrogen refueling station ▪ Presented 91 MW Sines Green Hydrogen Valley Alliance at Agendas Mobil
Slide 9: Financial Data (Unaudited)
ALL RIGTHS BELONG TO FUSION - FUEL 0 2 — FINANCIAL DATA (UNAUDITED) KEY FINANCIALS & FIGURES (€000’S) (Unaudited) Q4 2021 Q3 2021 TOTAL OPERATING EXPENSES 11,111 (6,969) o/w share - based payment (non - cash) expenses 1 14,765 (5,007) o/w operating expenses 2 (3,654) (1,962) OPERATING INCOME (LOSS)
Slide 10: 2021 Equity Incentive Plan
ALL RIGTHS BELONG TO FUSION - FUEL 1 On August 5, 2021, the Company’s Board of Directors adopted and approved the 2021 Equity Incentive Plan (the 2021 Plan), which auth orized the Company to grant up to 1,000,000 ordinary shares in the form of incentive share options, non - qualified share options,
Slide 11: Business Update
ALL RIGTHS BELONG TO FUSION - FUEL 03 – BUSINESS UPDATE
Slide 12: Five Key Milestones for 2022
ALL RIGTHS BELONG TO FUSION - FUEL 2 – 3 – 1 – 4 – HPA, SALES & GRANTS ▪ Fill 2022 and 2023 pipeline with confirmed orders ▪ Secure grants for company - owned plants and for third - party projects TECH DEVELOPMENT ▪ Launch next gens of HEVO and HEVO - Solar ▪ Introduce O 2 Capture System ▪ Continue
Slide 13: Portugal Benavente
ALL RIGTHS BELONG TO FUSION - FUEL 0 3 — PORTUGAL BENAVENTE ▪ Fusion Fuel’s industrial production facility in Benavente was formally deemed a project of merit by AICEP , Portugal’s Trade & Investment Agency ; received approval from AICEP for funding of approximately 25 % — just under € 10 m — of the
Slide 14: Portugal Evora
ALL RIGTHS BELONG TO FUSION - FUEL 0 3 — PORTUGAL EVORA Fusion Fuel’s utility scale demonstrator facilities in Evora with 55 HEVO - SOLARs producing ~ 60 tons of green hydrogen per year ▪ H2Évora is the first solar to green hydrogen facility in Iberia to be actively producing, pending final commissi
Slide 15: Portugal HEVO-SUL
ALL RIGTHS BELONG TO FUSION - FUEL 0 3 — PORTUGAL HEVO - SUL Project update: ▪ Construction license in progress ▪ €4.3m POSEUR grant secured and confirmed ▪ HEVO - Solar units already in production 178 418 HEVO - SOLAR trackers tons of green hydrogen of day & nighttime production 8M total capital in
Slide 16: Portugal KEME
ALL RIGTHS BELONG TO FUSION - FUEL 0 3 — PORTUGAL KEME ▪ Fusion Fuel e ntered into an agreement with KEME Energy to install a green hydrogen production facility using its integrated HEVO - Solar technology ▪ E xpected to require a capital investment of € 2 . 54 m, the project will have an equivalent
Slide 17: Portugal Funding Programs Update
ALL RIGTHS BELONG TO FUSION - FUEL 03 — PORTUGAL FUNDING PROGRAMS UPDATE Program Funds Available Scope Projects Related to Fusion Fuel €40m Call for innovative green hydrogen projects HEVO - SUL SinesGH2Solar I (KEME ENERGY) GH2Station (PRIO) €930m Component 5 Mobilizing Allies: broad mechanism, sup
Slide 18: Spain
ALL RIGTHS BELONG TO FUSION - FUEL 0 3 — SPAIN Fusion Fuel entered into a technology sale agreement with Exolum to develop a solar - to - hydrogen plant and hydrogen refueling station located in Madrid, Spain. This is the first 3rd party sale of Fusion Fuel’s HEVO - Solar technology Project update:
Slide 19: Spain
ALL RIGTHS BELONG TO FUSION - FUEL 0 3 — SPAIN ▪ Entered into framework agreement with HIVE Energy to supply HEVO - Solar technology to develop and build green hydrogen farms in Spain ▪ The project has a target production capacity of 7,500 metric tons of green hydrogen per annum ▪ Development is exp
Slide 20: Spain Funding Programs Update
ALL RIGTHS BELONG TO FUSION - FUEL Program Funds Available Scope Projects Related to Fusion Fuel €100m MOVES II program for sustainable mobility Five applications have been submitted with Fusion Fuel named as technology supplier €155m Component 9.I1 Renewable Hydrogen Fusion Fuel is developing sever
Slide 21: Australia
ALL RIGTHS BELONG TO FUSION - FUEL 0 3 — AUSTRALIA ▪ Australia’s abundance of solar energy makes it one of the best locations for the HEVO - SOLAR and for the production of cost - competitive green hydrogen ▪ Fusion Fuel, in collaboration with Ampol , will jointly develop a pilot plant adjacent to A
Slide 22: United States
ALL RIGTHS BELONG TO FUSION - FUEL 0 3 — UNITED STATES ▪ Fusion Fuel recently submitted a proposal to the Department of Energy in conjunction with the Advanced Power and Energy Program (APEP) at the University of California, Irvine (UCI) to develop a solar - to - hydrogen facility to supply various
Slide 23: 2022 Pipeline Overview
ALL RIGTHS BELONG TO FUSION - FUEL SPAIN 0 3 — 2022 - 26 PIPELINE OVERVIEW PORTUGAL MOROCCO AUSTRALIA Land reserved (in hectares) Projects in Pipeline / Projects in Licensing # of HEVO - Solar Generators Note: pipeline figures listed include committed and non - committed projects. 1,105 1,378 650 -
Slide 24: 2022 Milestones
ALL RIGTHS BELONG TO FUSION - FUEL 04 – 2022 MILESTONES
Slide 25: In Review: 2022 Milestones
ALL RIGTHS BELONG TO FUSION - FUEL 2 – 3 – 1 – 4 – HPA, SALES & GRANTS ▪ Fill 2022 and 2023 pipeline with confirmed orders ▪ Secure grants for company - owned plants and for third - party projects TECH DEVELOPMENT ▪ Launch next gens of HEVO and HEVO - Solar ▪ Introduce O 2 Capture System ▪ Continue
Slide 26: www.fusion-fuel.eu
ALL RIGTHS BELONG TO FUSION - FUEL WWW.FUSION - FUEL.EU