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Fusion Fuel Green PLC - HTOO STOCK NEWS

Welcome to our dedicated page for Fusion Fuel Green PLC news (Ticker: HTOO), a resource for investors and traders seeking the latest updates and insights on Fusion Fuel Green PLC stock.

Fusion Fuel Green PLC (HTOO) is a pioneering company focused on the production of green hydrogen. Established in 2018 and headquartered in Dublin, Ireland, the company has made significant strides in creating cost-effective and competitively priced green hydrogen solutions. Fusion Fuel operates primarily in Portugal, Southern Europe, and Morocco, offering innovative hydrogen generators and green hydrogen production services to various industries.

The company's core technology, the HEVO-Chain, is designed to optimize the production of green hydrogen. One of its flagship projects, the HEVO-Aveiro project in Portugal, aims to develop a 25 MW green hydrogen facility. This facility is expected to produce approximately 2,100 tonnes of green hydrogen annually, which will be utilized for industrial process heat in the local ceramic industry. The HEVO-Aveiro project has garnered significant attention, earning the highest assessment among all hydrogen projects submitted to the C-14 funding call and securing a substantial grant for its development.

In addition to its technological advancements, Fusion Fuel has established itself as a key player in the green hydrogen sector through strategic partnerships and collaborations. The company provides hydrogen generators to clients operating their green hydrogen plants and offers operational and monitoring services. Fusion Fuel's clientele includes natural gas networks and grids, oil refineries, ammonia producers, regulators, and government departments, demonstrating the broad applicability and market reach of its solutions.

Financially, Fusion Fuel continues to capture investor interest, evidenced by its regular communication and updates through live conference calls and webcasts. For instance, the company hosts events accessible through its website, providing investors with the latest performance metrics, project updates, and strategic insights.

Fusion Fuel's commitment to innovation and sustainability is further highlighted by its receipt of multiple awards and grants, reinforcing its leadership position in the green hydrogen industry. As the demand for clean energy solutions grows, Fusion Fuel Green PLC remains at the forefront, driving the transition to a hydrogen-powered future.

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Fusion Fuel (HTOO) secures €1.015 million grant from the European Innovation Fund's Horizon Europe Programme to develop the Alentejo Hydrogen Valley, aiming to produce over 1,200 tonnes of green hydrogen per annum. The grant will support automation equipment for the Evora demonstration facility and engineering work for the Sines I project, reinforcing Fusion Fuel's commitment to advancing the green hydrogen economy in Portugal.
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Fusion Fuel Green plc (NASDAQ: HTOO) will host a live conference call and webcast on March 6, 2024, to discuss fourth quarter financial results, operational highlights, market updates, revenue guidance, and more. Participants can join the webcast through the provided details.
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Fusion Fuel (NASDAQ: HTOO) receives approval from the European Commission for its HEVO-Portugal project under the IPCEI Hy2Infra program. The €650 million project in Sines, Portugal, will produce 62,000 tonnes of green hydrogen annually, with a portion exported to the Netherlands and the rest used domestically. Fusion Fuel and partners can now start funding negotiations with government stakeholders and the European Investment Bank.
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Fusion Fuel Green plc (NASDAQ: HTOO) announced its financial results for the third quarter ended September 30, 2023. The company reported significant achievements, including long-term green hydrogen supply contracts in Spain, strategic partnerships in Italy, India, and North America, and receiving orders for green hydrogen systems. Fusion Fuel also secured a strategic financing agreement from Belike Nominees Pty Ltd., a Macquarie Group Company.
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Fusion Fuel (NASDAQ: HTOO) has entered into a sales contract for a 1.25 MW HEVO-Chain Series NC electrolyzer, reinforcing market acceptance of its plug-and-play HEVO™ technology. The system will be deployed to a co-located hydrogen refueling station, funded by the European Commission, aiming to produce, store, and distribute green hydrogen for the transport sector. CEO Frederico Figueira de Chaves sees this as a strategic move to capitalize on small-to-midscale tech sale opportunities in the growing green hydrogen market.
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Fusion Fuel Green PLC (HTOO) has entered into an agreement with Macquarie Group’s Commodities and Global Markets business for financing of up to $20 million of senior convertible notes. The financing will be conducted in several tranches and is expected to support the company for its near-term objectives and milestones, such as delivering HEVO solutions to contracted clients, achieving 2023 revenue guidance, and further developing the company’s project portfolio.
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Fusion Fuel Green plc (HTOO) will host a live conference call and webcast on December 4, 2023, to discuss third quarter financial results and operational highlights. The agenda includes 3Q23 highlights & financial review, market and commercial update, 2023/24 targets and revenue guidance, and management Q&A.
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Fusion Fuel (NASDAQ: HTOO) announced a sales contract with a Portuguese energy company for a 1.25 MW HEVO-Chain Series NC electrolyzer, utilizing their HEVO™ technology to produce green hydrogen for the transport sector in northern Portugal. The project received funding from the European Commission and is expected to be operational by the end of 2024.
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Fusion Fuel Green Plc (NASDAQ: HTOO) received a notice from Nasdaq regarding non-compliance with the $1.00 minimum bid price requirement. The company has until May 6, 2024, to meet the requirement or face potential delisting. The ordinary shares will continue to trade on the Nasdaq Global Market under the symbol 'HTOO.'
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Fusion Fuel achieves milestone contract for its HEVO-Chain system, selling a 300 kW PEM electrolyzer and associated equipment to a global leader in building solutions. Project expected to be operational by H1 2024. Fusion Fuel's oxygen capture system will also be deployed, reducing environmental impact. Positive for stock price.
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FAQ

What is the current stock price of Fusion Fuel Green PLC (HTOO)?

The current stock price of Fusion Fuel Green PLC (HTOO) is $0.318 as of November 22, 2024.

What is the market cap of Fusion Fuel Green PLC (HTOO)?

The market cap of Fusion Fuel Green PLC (HTOO) is approximately 5.8M.

What does Fusion Fuel Green PLC do?

Fusion Fuel Green PLC focuses on the production of green hydrogen, offering hydrogen generators, operational services, and green hydrogen production for various industries.

Where is Fusion Fuel Green PLC based?

Fusion Fuel Green PLC is headquartered in Dublin, Ireland.

What are the main markets for Fusion Fuel Green PLC?

The company operates primarily in Portugal, Southern Europe, and Morocco.

What is the HEVO-Aveiro project?

The HEVO-Aveiro project is a 25 MW green hydrogen facility in Portugal, expected to produce around 2,100 tonnes of green hydrogen per year for industrial use.

Who are the primary clients of Fusion Fuel Green PLC?

Fusion Fuel's clients include natural gas networks, oil refineries, ammonia producers, regulators, and government departments.

What technology does Fusion Fuel Green PLC use?

Fusion Fuel utilizes its proprietary HEVO-Chain technology to produce green hydrogen efficiently.

How does Fusion Fuel communicate with investors?

Fusion Fuel regularly hosts live conference calls and webcasts, providing updates and performance metrics accessible through their website.

Has Fusion Fuel Green PLC received any awards or grants?

Yes, Fusion Fuel has received multiple awards and grants, including recognition for its HEVO-Aveiro project through the C-14 funding call.

What industries does Fusion Fuel Green PLC serve?

Fusion Fuel serves industries such as natural gas, oil refining, ammonia production, and various government departments related to energy and environmental sustainability.

When was Fusion Fuel Green PLC founded?

Fusion Fuel Green PLC was founded in 2018.

Fusion Fuel Green PLC

Nasdaq:HTOO

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HTOO Stock Data

5.81M
15.18M
11.87%
15.35%
1.2%
Utilities - Renewable
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United States of America
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