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Fusion Fuel Green PLC
Fusion Fuel Green PLC is a green hydrogen company that develops PEM electrolysis technology and operates production projects for industrial...
Fusion Fuel Green PLC
Fusion Fuel Green PLC positions itself within the green hydrogen value chain as both a technology developer and a project operator. The company's core product is the H2 EVOLVE™ electrolyzer, a modular unit that produces hydrogen from water and renewable electricity, typically deployed in arrays for larger-scale industrial supply. Its strategy targets heavy emitters in Europe and the Middle East, with announced projects including a 6 MW industrial-scale plant at its Evora facility in Portugal and a collaboration with Saudi Arabia's Bahra Electric for hydrogen generation and distribution. The company participates in co-development and joint ventures rather than acting as a pure equipment vendor. Fusion Fuel went public via a SPAC merger in 2021, raising capital to fund its technology commercialization and project pipeline. The firm operates from multiple offices and has pursued partnerships with engineering and energy firms, though detailed team size and total deployment figures are not publicly standardized. The structural differentiator is its platform model: Fusion Fuel both sells electrolysis equipment and retains ownership stakes in the hydrogen projects it helps develop. That vertical integration—from manufacturing through operations—distinguishes it from pure-play equipment makers or project developers alone.
General information
Firm type
other
Year founded
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AUM
Undisclosed
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Frequently asked questions
What is Fusion Fuel Green PLC's core technology?
Fusion Fuel Green produces modular PEM (proton exchange membrane) electrolyzers under the H2 EVOLVE™ brand. The units are designed to be stacked in arrays for industrial-scale green hydrogen production, using renewable electricity to split water into hydrogen and oxygen.
Does Fusion Fuel Green operate as a pure equipment manufacturer or as a project developer?
Both. Fusion Fuel Green sells electrolysis equipment to third-party customers but also develops, co-owns, and operates its own hydrogen production plants. This dual-revenue model—equipment sales plus equity stakes in project cash flows—is a structural differentiator.
Which geographic markets does Fusion Fuel Green target?
The company's announced projects are concentrated in Southern Europe (notably Portugal) and the Middle East. Its partnership with Bahra Electric in Saudi Arabia targets hydrogen distribution, while its Evora facility in Portugal is a flagship production site.
How is Fusion Fuel Green funded?
Fusion Fuel Green went public in 2021 through a merger with a special purpose acquisition company (SPAC). The company has also raised capital through follow-on equity offerings and may access project finance for its plant investments.
What industrial sectors does Fusion Fuel Green aim to decarbonize?
The company's green hydrogen targets hard-to-abate sectors including refining, ammonia production, steelmaking, and heavy transport. Hydrogen replaces gray hydrogen (produced from natural gas) in these processes, eliminating CO₂ emissions.
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