Fusion Fuel has announced that it has submitted three projects to the H2 Pioneers II programme, the second such funding call for innovative green hydrogen projects within the framework of the Spanish Recovery, Transformation and Resilience Plan (PERTE).
H2 Pioneers II has been allocated €150 million to support the implementation of innovative projects that combine the production and local consumption of renewable hydrogen, in particular for hard-to-abate sectors like industry and heavy mobility. Fusion Fuel had previously been awarded €3.3 million in grant funding in the inaugural H2 Pioneers funding call earlier this year.
The three projects, which have a cumulative electrolysis capacity of approximately 13 MW, would be powered by Fusion Fuel’s HC-Series NC technology, the company’s modular centralised PEM electrolyser. Fusion Fuel has secured offtake and power purchase agreements for all three projects, which would produce over 1500 tpy of green hydrogen in total. The company has requested €24.7 million in subsidies across the three projects.
Commenting on the agreement, Javier Esteban, CEO of Fusion Fuel Spain, stated, “I am thrilled to announce the submission of these three pioneering projects to the PERTE funding call in Spain, initiatives that reflect our unwavering commitment to leading the energy transition. With the support of our partners and our market-leading green hydrogen technology, we can turn these ambitious ideas into transformative projects, paving the way for meaningful progress in Spain and beyond.”