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Fusion Fuel (NASDAQ: HTOO) unit to build 2MW green hydrogen plant for Çimsa cement

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(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Fusion Fuel Green PLC reported that its wholly owned subsidiary, Bright Hydrogen Solutions Limited, will install, supply, engineer, and operate a 2 megawatt green hydrogen production facility for Çimsa Cementos España at a cement plant in Buñol, Spain. BrightHy will act through its Spanish branch and a dedicated project company under a previously announced hydrogen investment platform, using an agency agreement with global supplier Sungrow Hydrogen. The project is intended to cut cement production emissions by using hydrogen as an alternative fuel and is described as a multi-million-dollar opportunity expected to create long-term value and potential follow-on projects for both BrightHy Solutions and Fusion Fuel. The company highlights numerous execution, permitting, financing, and market risks and references existing going-concern and funding uncertainties described in its latest Form 20-F.

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Insights

Fusion Fuel’s BrightHy unit secures a 2MW industrial hydrogen project, but execution, funding, and permitting risks remain significant.

The announcement positions BrightHy Solutions as engineering and operating partner for a multi-million 2MW green hydrogen project at Çimsa’s Buñol cement plant. It targets hard-to-abate industrial heat use, reinforcing Fusion Fuel’s focus on practical industrial applications rather than purely pilot-scale demonstrations.

However, the value is contingent on several factors, including Çimsa’s grant application under Spain’s Proyectos Estratégicos para la Recuperación y Transformación Económica program, obtaining construction and activity permits, delivering the plant on time and within budget, and achieving 98% reliability in a demanding cement environment. The company also reiterates broader risks such as its ability to continue as a going concern and secure additional funding for growth initiatives.

Project scale multi-million-dollar project Described value for Çimsa green hydrogen facility
Plant capacity 2 megawatt green hydrogen facility Hydrogen production plant at Buñol cement operation
Target reliability 98% reliability Operational target for hydrogen facility in cement environment
green hydrogen financial
"two-megawatt green hydrogen production facility at a cement operation in Buñol, Spain"
Green hydrogen is hydrogen made by splitting water with electricity that comes from renewable sources, producing little or no carbon emissions. Investors watch it because it can act like a rechargeable, low‑carbon fuel or energy carrier for industries and transport that are hard to electrify, creating long‑term demand for production plants, storage and transport infrastructure and making returns sensitive to technology costs, energy prices and policy support.
electrolysis solutions technical
"BrightHy Solutions Limited is a wholly owned subsidiary focused on hydrogen through electrolysis solutions"
forward-looking statements regulatory
"This press release and the statements contained herein include “forward-looking statements”"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
Proyectos Estratégicos para la Recuperación y Transformación Económica regulatory
"Çimsa’s application for a grant under the “Proyectos Estratégicos para la Recuperación y Transformación Económica” program"
going concern financial
"the Company’s ability to continue as a going concern and to generate sufficient revenues"
A going concern is a business that is expected to continue its operations and meet its obligations for the foreseeable future, rather than shutting down or selling off assets. This assumption matters to investors because it indicates stability and ongoing profitability, making the business a more reliable investment. Think of it as believing a restaurant will stay open and serve customers, rather than closing down suddenly.

 

 

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of: May, 2026.

 

Commission File Number: 001-39789

 

Fusion Fuel Green PLC
(Translation of registrant’s name into English)

 

9 Pembroke Street Upper

Dublin D02 KR83

Ireland
(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒ Form 40-F ☐

 

 

 

 
 

 

On May 21, 2026, Fusion Fuel Green PLC, an Irish public limited company (the “Company”), issued a press release announcing that the Spanish-registered branch of Bright Hydrogen Solutions Limited, an Irish private limited company and wholly-owned subsidiary of the Company (“BrightHy Solutions”), will provide certain services relating to a hydrogen production facility under certain agreements. A copy of the press release is furnished as Exhibit 99.1 to this Report on Form 6-K.

 

Forward-Looking Statements

 

The press release attached as Exhibit 99.1 hereto contains “forward-looking statements” within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended, which statements involve substantial risks and uncertainties. Forward-looking statements generally relate to future events or the Company’s future financial or operating performance. In some cases, you can identify these statements because they contain words such as “may,” “will,” “believes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “should,” “seeks,” “future,” “continue,” “plan,” “target,” “predict,” “potential,” or the negative of such terms, or other comparable terminology that concern the Company’s expectations, strategy, plans, or intentions. Such forward-looking statements include, but are not limited to, statements regarding BrightHy Solutions’ ability to successfully construct, commission, and operate the hydrogen production facility; anticipated long-term value creation from the project for BrightHy Solutions and the Company; the expected integration of hydrogen as an alternative fuel source in cement production; the potential for follow-on projects; and BrightHy Solutions’ strategy to position itself as an integrated hydrogen engineering, execution, and asset management platform. Forward-looking statements relating to expectations about future results or events are based upon information available to the Company as of today’s date and are not guarantees of the future performance of the Company, and actual results may vary materially from the results and expectations discussed. The Company’s expectations and beliefs regarding these matters may not materialize, and actual results in future periods are subject to risks and uncertainties that could cause actual results to differ materially from those projected, including, without limitation, the outcome of Çimsa Cementos España S.A.U. (“Çimsa”)’s application for a grant under the “Proyectos Estratégicos para la Recuperación y Transformación Económica” program, the denial of or determination by Çimsa not to proceed to obtain which may materially affect the overall project structure, including the potential replacement of the current contractual framework with an alternative leasing arrangement; the ability of the parties to the project agreements to obtain all necessary regulatory and other consents and approvals, including construction and activity permits, required for the installation and operation of the hydrogen production facility; the ability of BrightHy Solutions and its affiliates to deliver the facility on time and within budget, including risks associated with equipment supply, engineering, and construction timelines; the ability of the hydrogen production facility to achieve the target reliability of 98% and to operate safely and efficiently within an industrial cement production environment; the availability of additional financing necessary to support the project and BrightHy Solutions’ broader growth initiatives; risks associated with operating internationally, including in Spain and other foreign jurisdictions; the ability of the project to generate the expected operational and financial returns; fluctuations in demand for hydrogen in industrial applications; the Company’s ability to continue as a going concern and to generate sufficient revenues; the Company’s goals and strategies; the Company’s future business development, financial condition and results of operations; the Company’s projected revenues, profits, earnings and other estimated financial information; the Company’s ability to secure additional funding necessary for the expansion of the Company’s business; the growth of and competition trends in the Company’s industry; fluctuations in general economic and business conditions in the markets in which we operate; relevant government policies and regulations relating to the Company’s industry; and the risks and uncertainties described under Item 3. “Key Information – D. Risk Factors” and elsewhere in the Company’s Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission (the “SEC”) on May 7, 2026 (the “Annual Report”), and other filings with the SEC. Should any of these risks or uncertainties materialize, or should the underlying assumptions about the Company’s business and the commercial markets in which the Company operates prove incorrect, actual results may vary materially from those described as anticipated, estimated or expected in the Annual Reports. All subsequent written and oral forward-looking statements concerning the Company or other matters and attributable to the Company or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements above. The Company does not undertake any obligation to publicly update any of these forward-looking statements to reflect events or circumstances that may arise after the date hereof, except as required by law.

 

Exhibit No.   Description
99.1   Press Release dated May 21, 2026

 

 
 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  Fusion Fuel Green PLC
  (Registrant)
   
Date: May 21, 2026 /s/ Frederico Figueira de Chaves
  Frederico Figueira de Chaves
  Chief Executive Officer, Interim Chief Financial Officer and Chief Strategy Officer

 

 

 

 

Exhibit 99.1

 

Fusion Fuel Announces BrightHy Solutions Will Construct and Operate 2 MW Industrial Green Hydrogen Project for Çimsa Cementos in Spain

 

Expected to Drive Multi-Million Long-Term Value Creation for BrightHy Solutions and Fusion Fuel

 

DUBLIN, Ireland, May 21, 2026 – Fusion Fuel Green PLC (Nasdaq: HTOO) (“Fusion Fuel” or the “Company”), a leading provider of full-service energy engineering, advisory, and utility solutions, today announced that its wholly owned subsidiary, Bright Hydrogen Solutions Limited (“BrightHy Solutions”), will provide installation, supply, engineering, and operation services through its Spanish branch for a two-megawatt green hydrogen production facility at a cement operation in Buñol, Spain for client Çimsa Cementos España S.A.U. (“Çimsa”).

 

The construction services will be provided pursuant to a construction agreement between Çimsa and BrightHy Solutions, acting through its Spanish-registered branch, Bright Hydrogen Solutions Limited EP ESP (“BrightHy Spain”). The supply, engineering, and operation services will be provided by BrightHy Spain as service provider under a series of related agreements between Çimsa and a company (the “Project Company”) managed by Bright Hydrogen Holding Company Limited, itself managed by BrightHy Solutions and wholly owned by a green energy technologies provider under BrightHy Solution’s previously announced hydrogen investment platform, and under a services agreement between the Project Company and BrightHy Spain.

 

The project is designed to support the reduction of carbon emissions from cement production through the integration of hydrogen as an alternative fuel source in its production process. Cement production is widely recognized as one of the most difficult industrial sectors to decarbonize due to its reliance on continuous high-temperature thermal processes and carbon-intensive production methods, making it a strategically important target market for practical industrial hydrogen applications. BrightHy believes projects such as this demonstrate how green hydrogen can be deployed in targeted industrial use cases where electrification alone may not be sufficient to achieve long-term emissions reduction objectives. In addition, the project will utilize BrightHy Solutions’ agency agreement with Sungrow Hydrogen, a global hydrogen equipment supplier and industrial technology provider.

 

Frederico Figueira de Chaves, Chief Executive Officer of Fusion Fuel and BrightHy Solutions, commented, “This project represents the type of industrial application the hydrogen sector increasingly needs with real industrial demand, long-term commercial structures, and integration into hard-to-abate industrial operations. We believe the market is transitioning from early-stage project announcements toward a greater emphasis on execution, operational reliability, and long-term project viability.”

 

“Cement production represents one of the largest and most difficult industrial decarbonization opportunities globally due to the sector’s high-temperature heat requirements and limited alternatives to fossil fuels in certain industrial processes. We believe this multi-million-dollar project further validates BrightHy Solutions’ strategy of focusing on practical industrial hydrogen applications. The project is expected to represent a significant source of value creation for both BrightHy Solutions and Fusion Fuel, with anticipated follow-on projects with the client already in the proposal phase. This project represents another important milestone in BrightHy Solutions’ strategy to position itself as an integrated hydrogen engineering, execution, and asset management platform supporting industrial decarbonization initiatives across Southern Europe,” added Mr. Figueira de Chaves.

 

Mario Garma, Chief Operating Officer of BrightHy Solutions, commented, “We believe hydrogen deployment will ultimately be driven by projects capable of solving industrial challenges in a pragmatic and economically viable way. The market increasingly requires execution-focused projects that can operate safely, integrate effectively into industrial environments, and create long-term operational value for customers.”

 

About Bright Hydrogen Solutions Limited

 

Bright Hydrogen Solutions Limited (“BrightHy Solutions”) is a wholly owned subsidiary of Fusion Fuel Green PLC focused on hydrogen through electrolysis solutions. BrightHy Solutions provides integrated services across the hydrogen production value chain, including plant design, tailored engineering solutions, equipment sourcing, implementation oversight, and long-term operations support. BrightHy Solutions maintains a core focus on safety, reliability, and operational efficiency. Additional information is available at www.brighthy.com.

 

 
 

 

About Fusion Fuel Green PLC

 

Fusion Fuel Green PLC (Nasdaq: HTOO) provides integrated energy engineering, distribution, and green hydrogen solutions through its Al Shola Gas, BrightHy Solutions, and BioSteam Energy platforms. With operations spanning liquified petroleum gas (“LPG”) supply to hydrogen and bio-steam solutions, the Company supports decarbonization across industrial, residential, and commercial sectors. For more information, please visit www.fusion-fuel.eu.

 

Forward-Looking Statements

 

This press release and the statements contained herein include “forward-looking statements” within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended, which statements involve substantial risks and uncertainties. Forward-looking statements generally relate to future events or the Company’s future financial or operating performance. In some cases, you can identify these statements because they contain words such as “may,” “will,” “believes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “should,” “seeks,” “future,” “continue,” “plan,” “target,” “predict,” “potential,” or the negative of such terms, or other comparable terminology that concern the Company’s expectations, strategy, plans, or intentions. Such forward-looking statements include, but are not limited to, statements regarding BrightHy Solutions’ ability to successfully construct, commission, and operate the hydrogen production facility; anticipated long-term value creation from the project for BrightHy Solutions and Fusion Fuel; the expected integration of hydrogen as an alternative fuel source in cement production; the potential for follow-on projects; and BrightHy Solutions’ strategy to position itself as an integrated hydrogen engineering, execution, and asset management platform. Forward-looking statements relating to expectations about future results or events are based upon information available to the Company as of today’s date and are not guarantees of the future performance of the Company, and actual results may vary materially from the results and expectations discussed. The Company’s expectations and beliefs regarding these matters may not materialize, and actual results in future periods are subject to risks and uncertainties that could cause actual results to differ materially from those projected, including, without limitation, the outcome of Çimsa’s application for a grant under the “Proyectos Estratégicos para la Recuperación y Transformación Económica” program administered by the Spanish government, the denial of or determination by Çimsa not to proceed to obtain which may materially affect the overall project structure, including the potential replacement of the current contractual framework with an alternative leasing arrangement; the ability of the parties to the project agreements to obtain all necessary regulatory and other consents and approvals, including construction and activity permits, required for the installation and operation of the hydrogen production facility; the ability of BrightHy Solutions and its affiliates to deliver the facility on time and within budget, including risks associated with equipment supply, engineering, and construction timelines; the ability of the hydrogen production facility to achieve the target reliability of 98% and to operate safely and efficiently within an industrial cement production environment; the availability of additional financing necessary to support the project and BrightHy Solutions’ broader growth initiatives; risks associated with operating internationally, including in Spain and other foreign jurisdictions; the ability of the project to generate the expected operational and financial returns; fluctuations in demand for hydrogen in industrial applications; the Company’s ability to continue as a going concern and to generate sufficient revenues; the Company’s goals and strategies; the Company’s future business development, financial condition and results of operations; the Company’s projected revenues, profits, earnings and other estimated financial information; the Company’s ability to secure additional funding necessary for the expansion of the Company’s business; the growth of and competition trends in the Company’s industry; fluctuations in general economic and business conditions in the markets in which we operate; relevant government policies and regulations relating to the Company’s industry; and the risks and uncertainties described under Item 3. “Key Information – D. Risk Factors” and elsewhere in the Company’s Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission (the “SEC”) on May 7, 2026 (the “Annual Report”), and other filings with the SEC. Should any of these risks or uncertainties materialize, or should the underlying assumptions about the Company’s business and the commercial markets in which the Company operates prove incorrect, actual results may vary materially from those described as anticipated, estimated or expected in the Annual Reports. All subsequent written and oral forward-looking statements concerning the Company or other matters and attributable to the Company or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements above. The Company does not undertake any obligation to publicly update any of these forward-looking statements to reflect events or circumstances that may arise after the date hereof, except as required by law.

 

Contact:

 

Investor Relations Contact

ir@fusion-fuel.eu

www.fusion-fuel.eu

 

 

 

FAQ

What project did Fusion Fuel (HTOO) announce in its latest 6-K?

Fusion Fuel announced that its subsidiary BrightHy Solutions will provide installation, supply, engineering, and operation services for a 2 megawatt green hydrogen production facility at Çimsa’s cement plant in Buñol, Spain, targeting emissions reduction in cement production.

How large is the new BrightHy Solutions hydrogen project with Çimsa?

The project is described as a multi-million-dollar 2 megawatt green hydrogen facility. It is intended to support long-term value creation for BrightHy Solutions and Fusion Fuel and could lead to additional follow-on projects with Çimsa if proposals advance.

What role will BrightHy Solutions play in the Çimsa green hydrogen project?

BrightHy Solutions, through its Spanish branch, will provide installation, supply, engineering, and operation services. It will work via a project company structure and leverage an agency agreement with Sungrow Hydrogen to source equipment and support integrated hydrogen plant delivery and ongoing operations.

Why is the Çimsa cement project strategically important for Fusion Fuel (HTOO)?

The project targets cement production, a hard-to-decarbonize sector due to high-temperature heat needs. Fusion Fuel views it as validation of BrightHy Solutions’ focus on practical industrial hydrogen applications and expects it to be a significant long-term value driver with potential additional projects.

What key risks does Fusion Fuel highlight for the new hydrogen project in Spain?

Fusion Fuel cites risks including Çimsa’s grant application outcome, obtaining regulatory and construction permits, delivering the facility on time and within budget, achieving 98% reliability, securing needed financing, international operating risks, hydrogen demand fluctuations, and broader going-concern and funding risks described in its Form 20-F.

How does this project fit into BrightHy Solutions’ broader strategy?

BrightHy Solutions aims to be an integrated hydrogen engineering, execution, and asset management platform. The Çimsa project aligns with its strategy to focus on industrial hydrogen applications, emphasizing execution, operational reliability, and long-term value in sectors like cement across Southern Europe.

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