Fusion Fuel enters green hydrogen offtake contract with Spanish customer

Fusion Fuel announced that it has entered into a long-term green hydrogen offtake contract with a Spanish industrial group. The hydrogen is to be produced at a 2.5 MW green hydrogen project in Toledo, Spain that Fusion Fuel plans to develop in 2024. Earlier this year the project was awarded EUR 3.3M in grant funding from Spain’s H2 Pioneros program. The long-term supply agreement, which provides for the supply of 111.5 tons of green hydrogen per annum, marks yet another important milestone in the pre-FID development of the project. It also represents Fusion Fuel’s first green hydrogen offtake contract in Spain and, critically, a tangible commitment from one of Spain’s most prominent companies to make decarbonization a strategic priority.