Fusion Fuel Green (HTOO)

[WeTheMarket]

Fusion Fuel Green Second Quarter 2023 Investor Update
Aug 30, 2023
Link to press Release https://ir.fusion-fuel.eu/news-releases/news-release-details/fusion-fuel-green-hosts-second-quarter-2023-investor-update
Link to Webcast https://www.bigmarker.com/izigo/Q2-2023-Update-Fusion-Fuel
Link to Presentation https://ir.fusion-fuel.eu/static-files/3e07567e-69ef-4011-b8b0-cfa886ea4e58

SABUGO, Portugal, Aug. 30, 2023 (GLOBE NEWSWIRE) -- Fusion Fuel Green plc (NASDAQ: HTOO) ("Fusion Fuel"), an emerging leader in the green hydrogen sector, today announced financial results for the second quarter ended June 30, 2023. The quarterly shareholder letter is available at: https://ir.fusion-fuel.eu/financials-filings/earnings-releases

Second Quarter 2023 Highlights

- Won €2.46 million green hydrogen equipment supply contract with CSIC in Spain
- Published inaugural ESG Report
- 1 MW project in Italy using Fusion Fuel technology awarded grant to support its execution?
- Further invoices issued for technology and turn-key project sales

Subsequent Events

- Announced long-term green hydrogen offtake contract with a Spanish industrial group
- Submitted three projects to Spanish H2 Pioneers II program and four projects to the new Portuguese C-14 program, cumulatively representing nearly 70 MW of electrolyzer capacity. Finalized acceptance tests at the Exolum hydrogen plant
- Creating strategic partnership with Duferco Energia to enter Italian market, starting with a 1 MW HEVO-Chain Series NC project in Southern Italy
- Signed agreement with Hydrogen Ventures to reach FID on a €20+ million project in Portugal by end of 2023
- In negotiations with BGR Energy to install 1 MW HEVO-Chain demonstrator in India in 2024

Fusion Fuel will host a live conference call and webcast today, August 30, 2023.

- Time: 10:00am ET / 3:00pm WEST
- Participant Dial-In: [phone]
-- Participant ID: 453546
-- Participant Passcode: 5134
- Webcast registration page: https://www.bigmarker.com/izigo/Q2-2023-Update-Fusion-Fuel

The webcast may also be accessed through the Events page on the Fusion Fuel website (www.fusion-fuel.eu). A playback will be available for replay online for a period of time following the call.

Investor Relations Contact
Ben Schwarz
[e-mail]

Media Relations Contact
Anna Rutter
[e-mail]