Fusion fuel announces hevo ammonia morocco project, aims to produce 183,000 tons of green ammonia by 2026

Dublin, ireland, july 14, 2021 (globe newswire) -- fusion fuel green plc (nasdaq: htoo) ("fusion fuel", or "the company"), a green hydrogen technology company, announced today that aziz rabbah, the moroccan minister of energy, mines and environment, unveiled the hevo ammonia morocco project at an event yesterday in rabat, morocco. the project is morocco's largest announced green hydrogen and green ammonia project to date, with an estimated total investment value of more than 7.5b dirham (~850m usd). it is anticipated that the project would be jointly developed by fusion fuel and consolidated contractors group s.a.l. (“ccc”), a global construction company that offers a full suite of services across the entire epc value chain. in addition, vitol, one of the world's leading energy and commodities companies, would manage the offtake of the green ammonia.
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