Fusion Fuel Green PLC reports developments across energy engineering, advisory and utility operations, with current activity centered on industrial gas infrastructure, LPG services and biomass-powered steam. The company’s updates include operating and financial results, restructuring actions, board and governance changes, and progress at majority-owned businesses.
Recurring news covers Quality Industrial Corp. and Al Shola Gas, which provide LPG consulting, engineering, installation, maintenance and supply services in the UAE, as well as BioSteam Energy, a majority-owned joint venture operating a biomass-powered industrial steam project in South Africa.
Fusion Fuel Green PLC (NASDAQ: HTOO) announced that its subsidiary BrightHy Solutions has been selected as the preferred partner for two significant green hydrogen projects in southern Europe. The first project involves developing a 2 MW hydrogen project for a cement company, which would be part of a proposed €30 million hydrogen investment partnership. The second project involves serving as engineering and installation partner for a hydrogen plant and refueling station in Portugal for a multinational construction company.
Both projects resulted from competitive tender processes, though they remain in contract negotiation phase with no guarantee of definitive contracts being executed. The cement project would be particularly strategic as it would mark the first project within the company's proposed investment vehicle portfolio.
Fusion Fuel Green PLC (NASDAQ: HTOO), a provider of integrated energy solutions, has scheduled the release of an Investor Update Presentation and Video for September 17, 2025, at 8:00 a.m. Eastern Time.
The update will cover the company's financial results, activities in Al Shola Gas and BrightHy Solutions, and other strategic developments. Investors can access the presentation materials through Fusion Fuel's website at www.fusion-fuel.eu.
Fusion Fuel Green (NASDAQ: HTOO) has signed a non-binding Letter of Intent to establish a joint venture with a private South African specialized fuel company. The JV's first project, awarded by a multinational food and beverage corporation subsidiary, will deploy an energy solution at a South African commercial facility.
Key terms include Fusion Fuel's 51% controlling stake and a €480,000 total investment over four months. The project is expected to generate $248,000 in first-year free cash flow and approximately $1.27 million over five years. The deal includes a two-year right of first refusal on future projects. The parties aim to close the transaction in Q3 2025.
Fusion Fuel Green (NASDAQ: HTOO) has successfully regained compliance with all Nasdaq listing requirements, as confirmed by the Nasdaq Hearings Panel on August 5, 2025. The company has met two key requirements: compliance with the Annual Shareholder Meeting Rule following its 2025 Annual General Meeting and the Bid Price Rule.
Following this development, Fusion Fuel will continue trading on the Nasdaq Capital Market under the ticker symbol "HTOO". CEO John-Paul Backwell indicated that this milestone will enable the company to accelerate its growth strategies, including global expansion, green hydrogen initiatives, and M&A activities.
Fusion Fuel Green PLC (NASDAQ: HTOO) announced that its subsidiary, Al Shola Gas, has secured multiple new LPG system installation and maintenance projects in Dubai. The largest contracts, valued at over AED 1.9 million ($517,000), include a 20-floor residential project worth AED 885,000 ($241,000) and an 8-floor mixed-use development valued at AED 850,000 ($232,000).
Additional contracts worth AED 200,000 ($54,000) were also secured. Al Shola Gas maintains strong operational performance, handling 580-630 MT of bulk LPG and 160-180 MT of LPG in cylinders monthly. The company's engineering team is now fully booked for the next 18 months.
Fusion Fuel Green (NASDAQ:HTOO) has secured a $4.3 million private placement through a Securities Purchase Agreement dated July 22, 2025. The company will issue 269,459 Class A Ordinary Shares along with various warrants, including pre-funded warrants for 541,706 shares and additional warrants for over 2.4 million shares at different exercise prices.
The proceeds will be used to fully repay outstanding Senior Convertible Notes from early 2025, with remaining funds allocated to working capital and corporate purposes. The company has also reached agreements with 2025 Notes holders, including redemption of unconverted notes and exchange of previous warrants for new ones covering 294,658 Class A Ordinary Shares.
Fusion Fuel Green PLC (NASDAQ: HTOO) has received the first payment of €370,100 from EREE Desarrollos Empresariales for the sale of its 50% equity stake in P2X Spain. The transaction, governed by a February 7, 2025 agreement, involves the transfer of 1,500 shares and is structured with conditional payments totaling €515,100.
The share transfer was completed on December 19, 2024, marking a significant step in Fusion Fuel's strategic transactions. The company's management expressed optimism about potential future collaborations with EREE and P2X Spain in the green hydrogen sector.
Fusion Fuel Green (NASDAQ: HTOO) announced that its subsidiary BrightHy Solutions has signed a non-binding Term Sheet for a strategic partnership involving a €30 million capital commitment for hydrogen infrastructure investments over four years.
The partnership will focus on mid-scale hydrogen infrastructure projects, with investments ranging from €2-5 million per project, up to a maximum of €10 million. Projects will be managed through special purpose vehicles under a newly created investment entity, majority-owned by the Partner, with BrightHy Solutions managing operations under a 10-year management agreement.
The agreement remains subject to due diligence, legal structuring, and final definitive agreements.
Fusion Fuel Green (NASDAQ: HTOO) announced that its subsidiary BrightHy Solutions has signed a strategic agency agreement with Houpu Global Clean Energy, a Chinese manufacturer of hydrogen refueling equipment. Under the agreement, BrightHy Solutions will serve as Houpu's authorized agent for hydrogen products in Iberia and Latin America.
The partnership aims to accelerate hydrogen infrastructure development in these regions, combining Houpu's manufacturing capabilities and engineering expertise with BrightHy's local market presence and technical support services. The collaboration focuses on supporting industrial decarbonization and clean mobility solutions.
Fusion Fuel Green PLC (NASDAQ: HTOO), a green hydrogen solutions provider, has announced significant strategic developments and operational progress. The company completed a 1-for-35 reverse stock split to regain Nasdaq compliance and secured approximately $2.58 million in financing plus a $25 million equity line agreement.
Through its subsidiary Al Shola Gas, the company has secured multiple contracts totaling over $7.4 million in new orders and renewals, targeting $20 million in revenue for 2025. The company has also entered into negotiations for a £50 million acquisition of a UK-based fuel distribution company and established a partnership with Sungrow for electrolyzer solutions in Iberia.