Fusion Fuel Green Plc Stock Price, News & Analysis

Fusion Fuel Green PLC (NASDAQ: HTOO) reported its financial results for Q1 2022, highlighting its position in the green hydrogen sector. The company focuses on developing innovative hydrogen solutions, including solar-to-hydrogen generators and electrolyzer technology. A live conference call discussing the results was held on May 26, 2022. Investors can access the shareholder letter and the call replay via the company's website.

Fusion Fuel Green PLC (NASDAQ: HTOO) has entered a Memorandum of Understanding with Toshiba Energy Systems and Solutions Corporation to explore collaboration in the green hydrogen sector. This partnership will evaluate Toshiba's membrane electrode assemblies (MEAs) for Fusion Fuel’s Proton-Exchange Membrane electrolyzers, potentially enhancing efficiency and cost-effectiveness. The companies aim to leverage sales channels for expanding Fusion Fuel’s electrolyzer market in Australia and beyond. This collaboration occurs amid rising global investments in hydrogen technology, with the EU targeting significant electrolyzer capacity by 2024 and 2030.

Fusion Fuel Green plc (NASDAQ: HTOO) will host a live conference call and webcast on May 26, 2022, at 10:00 AM ET to discuss first quarter financial results and operational highlights. Participants can join via dial-in at +1 (312) 248-9348, using Participant ID 889672 and Passcode 8176. The event will also be accessible through the Fusion Fuel website. A playback will be available after the call.

Fusion Fuel Green PLC (NASDAQ: HTOO) has filed a universal shelf registration statement with the SEC to register up to $75 million of its securities, including Class A common stock, debt securities, preferred stock, and warrants. The registration allows for offering these securities in various combinations, pending SEC effectiveness. Fusion Fuel aims to lead in the green hydrogen sector, producing zero-emissions hydrogen using its proprietary electrolyzer technology, supporting the global energy transition.

Fusion Fuel Green PLC (NASDAQ: HTOO) has filed its Form 20-F for the fiscal year ended December 31, 2021. The report highlights significant achievements, including the completion of a green hydrogen demonstrator plant in Evora and a technology sale contract with Exolum in Spain. Additionally, the company is set to launch Iberia’s first electrolyzer manufacturing plant in Portugal later this year. CFO Frederico Figueira de Chaves expressed enthusiasm for the green hydrogen sector, confirming Fusion Fuel's commitment to being a disruptive force in the industry.

Dublin-based Fusion Fuel Green PLC (NASDAQ: HTOO) reported its financial results for Q4 2021. The company is focusing on the green hydrogen sector, leveraging its innovative solar-to-hydrogen technology to facilitate hydrogen production with zero carbon emissions. Fusion Fuel is engaged in selling electrolyzer technology, developing turnkey hydrogen plants, and selling green hydrogen through long-term purchase agreements. The company aims to accelerate the energy transition and establish itself as a leader in clean hydrogen technology.

Fusion Fuel Portugal, a subsidiary of Fusion Fuel Green (NASDAQ: HTOO), has received funding support from AICEP, Portugal's Trade & Investment Agency, for its Benavente industrial production facility, recognized as a project of merit. This facility aims to produce the proprietary HEVO technology and HEVO-Solar generators, with an expected output of 500 MW of electrolysis capacity by mid-2022. The funding covers nearly 25%, or €10m, of the total investment through direct support and tax offsets.

Fusion Fuel Green (NASDAQ: HTOO) has partnered with KEME Energy to establish a green hydrogen production facility in Sines, Portugal. The project involves a capital investment of €2.54 million and will utilize Fusion Fuel's HEVO-Solar technology to produce approximately 77 tons of green hydrogen per year with an electrolysis capacity of 1.22 MW. Backed by a €2.4 million grant from Portugal’s POSEUR program, the initiative aims to support the country's decarbonization goals. The strategic location is expected to enhance the Portuguese National Hydrogen Strategy and accelerate energy transition in various sectors.

Fusion Fuel Green (NASDAQ: HTOO) will host a live conference call on March 3, 2022, at 10:00 am ET, to discuss financial results and operational highlights for the fourth quarter. Participants can join via a teleconference or through a webcast, which will be available for replay afterward. Fusion Fuel is focused on advancing the green hydrogen sector with innovative solar-to-hydrogen technology, promoting sustainable energy solutions.