Fusion fuel receives provisional grant approval for 25 mw hevo-aveiro green hydrogen project

Sabugo, portugal, march 20, 2024 (globe newswire) -- fusion fuel (nasdaq: htoo) (the “company”) announced today that it has received provisional approval from the portuguese government for an estimated €5 million in grant funding to support the development of a 25 mw green hydrogen project located in aveiro, portugal. the grant approval was awarded as part of the second funding call of the component 14 (“c-14”) grant program which is focused on accelerating the energy transition by supporting the production of hydrogen and other renewable gases.
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