Fusion Fuel Green

Fusion Fuel Green Plc engages in the research and development of solar technologies. It develops a process and technology to produce emission-free green hydrogen using concentrated photovoltaic technology. The firm, through its proprietary microelectrolyzer technology, is able to capture and utilize the thermal energy generated by CPV solar modules to enhance the efficiency of the electrolysis process and produce green hydrogen at cheaper costs. The company was founded in 2018 and is headquartered in Dublin, Ireland.

Earnings data Q4 2021

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Fusion Fuel Green Plc engages in the research and development of solar technologies. It develops a process and technology to produce emission-free green hydrogen using concentrated photovoltaic technology. The company was founded in 2018 and is headquartered in Dublin, Ireland.

Acquisition of Profitable, Cash Flow-Generating Business Broadens Service Offerings Across Energy Value Chain Acquisition of Profitable, Cash Flow-Generating Business Broadens Service Offerings Across Energy Value Chain

Fusion Fuel Green Agrees to Acquire Majority Stake in Quality Industrial Corp. Expanding into Gas and Engineering Services

DUBLIN, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Fusion Fuel Green Plc (“Fusion Fuel” or the “Company”) announced today that it has issued a damages claim against Hydrogenial S.A. (“Hydrogenial” or the “Investor”) and its principal, Mr. Norbert Bindner, following their failure to fund the $33.5 million Subscription Agreement disclosed in the Company's Form 6-K on September 11, 2024. Under the terms of this agreement, entered into in good faith by the Company on August 28, 2024, the Investor committed to purchase an aggregate of 43,790,850 Class A ordinary shares (the "Class A Shares"), along with warrants to acquire an additional 13,137,254 Class A Shares, for a total purchase price of $33,500,000.

Fusion Fuel Issues Damages Claim Against Hydrogenial S.A. for Failure to Fund $33.5 Million Subscription Agreement; Announces Insolvency of Portuguese Subsidiary

DUBLIN, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Fusion Fuel Green PLC (“Fusion Fuel” or the “Company”) today announced that the Company received a letter (the “Staff Determination Notice”) from the staff of the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”). The Staff Determination Notice noted that on May 8, 2024, the Staff had notified the Company that it did not comply with the minimum $10,000,000 stockholders' equity requirement for continued listing set forth in Nasdaq Listing Rule 5450(b)(1)(A), since the Company's Form 20-F for the fiscal year ended December 31, 2023, reported stockholders' equity of $3,022,125. The Staff Determination Notice also noted that the Company did not meet the continued listing requirements under the alternative standards for continued listing.

Fusion Fuel Receives Staff Determination Notice from Nasdaq, Submits Appeal Request

Ordinary shares will continue to trade on the Nasdaq Global Market, and the Company's listing on such exchange is not affected by the receipt of the Notice Ordinary shares will continue to trade on the Nasdaq Global Market, and the Company's listing on such exchange is not affected by the receipt of the Notice

Fusion Fuel Green Receives Nasdaq Deficiency Notice Regarding Minimum Bid Price Requirement

Fusion Fuel Green PLC (NASDAQ:HTOO ) Q1 2024 Earnings Conference Call June 5, 2024 10:00 AM ET Company Participants Ben Schwarz - Head, Investor Relations Gavin Jones - Chief Accounting Officer and CFO Frederico Figueira de Chaves - Chief Executive Officer Conference Call Participants Erwan Kerouredan - RBC Capital Markets Jeff Grampp - Alliance Global Partners Ben Schwarz Hello everyone. Welcome to Fusion Fuel Green's First Quarter 2024 Investor Update.

Fusion Fuel Green PLC (HTOO) Q1 2024 Earnings Call Transcript

SABUGO, Portugal, June 05, 2024 (GLOBE NEWSWIRE) -- Fusion Fuel Green plc (NASDAQ: HTOO) ("Fusion Fuel"), an emerging leader in the green hydrogen sector, today announced financial results for the first quarter ended March 31, 2024. The quarterly shareholder letter is available at https://ir.fusion-fuel.eu/financials-filings/earnings-releases First Quarter 2024 Highlights Received notification of IPCEI approval from European Commission for 630 MW HEVO-Portugal Project Raised ~€6 million from at-the-market program to strengthen capital position Awarded €1.015 million grant from European Commission as part of H2tALENT consortium Received provisional grant approval for 25 MW HEVO-Aveiro green hydrogen project Convened EGM to secure shareholder approval allowing the Company to allot securities above 20% annual cap Subsequent Events Drew down on the first tranche ($1.15 million) of the Macquarie convertible note facility Completed installation of 300 kW HEVO-Chain system for global cement major Signed tech sale contract for 100 kW HEVO-Chain system for hospital client in Iberia Implemented portfolio approach with strategic commercial relationships with opportunity for multi-project follow-on Fusion Fuel will host a live conference call and webcast today, June 5, 2024.

Fusion Fuel Green Hosts First Quarter 2024 Investor Update

SABUGO, Portugal, June 05, 2024 (GLOBE NEWSWIRE) -- Fusion Fuel (NASDAQ: HTOO) announced today that it has signed a 100 kW electrolyzer supply contract for a hospital client in Iberia. The hospital intends to capture the green oxygen created as a byproduct of the electrolysis process for medical applications and to use the green hydrogen generated to produce emissions-free power for the facility.

Fusion Fuel Secures 100 kW Electrolyzer Contract for Hospital in Iberia

SABUGO, Portugal, May 31, 2024 (GLOBE NEWSWIRE) -- Fusion Fuel Green plc (NASDAQ: HTOO) announced today that it will be hosting a live conference call and webcast on Wednesday, June 5, 2024, to discuss first quarter financial results and operational highlights for the end-to-end green hydrogen solutions company. Agenda for the Call: 1Q24 Highlights & Financial Review Market and Commercial Update 2024 Milestones and Priorities Management Q&A Join the Webcast: Date: June 5, 2024 Time: 10:00am ET Participant Dial-In: +1 (312) 248-9348 Participant ID: 870646 Participant Passcode: 3919 Webcast registration page: https://www.bigmarker.com/inscricao/Q1-2024-Update-Fusion-Fuel The webcast may also be accessed through the Events page on the Fusion Fuel website (https://www.fusion-fuel.eu).

Fusion Fuel Announces First Quarter 2024 Webcast Date

DUBLIN, Ireland, May 15, 2024 (GLOBE NEWSWIRE) -- Fusion Fuel Green PLC (Nasdaq: HTOO) (“Fusion Fuel” or the “Company”), an emerging leader in the green hydrogen sector, today announced that on May 8, 2024, the Company received a deficiency notice (the “Notice”) from the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, since the Company's Form 20-F for the fiscal year ended December 31, 2023 reported shareholders' equity of $3,022,125, the Company no longer complied with Nasdaq listing rules (the “Rules”) requiring companies listed on the Nasdaq Global Market to maintain a minimum of $10,000,000 in shareholders' equity.

Fusion Fuel Green Receives Notice from Nasdaq Regarding Company's Shareholders' Equity

Here is how Fusion Fuel Green PLC (HTOO) and Kaiser Aluminum (KALU) have performed compared to their sector so far this year.

Is Fusion Fuel Green (HTOO) Stock Outpacing Its Industrial Products Peers This Year?

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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.

Fusion Fuel Receives Provisional Grant Approval for 25 MW HEVO-Aveiro Green Hydrogen Project

Is Fusion Fuel Green (HTOO) Outperforming Other Industrial Products Stocks This Year?

Fusion Fuel Green PLC (NASDAQ:HTOO ) Q4 2023 Earnings Conference Call March 6, 2024 10:00 AM ET Company Participants Ben Schwarz - Head of IR Gavin Jones - CFO and CAO Frederico Figueira de Chaves - CEO Conference Call Participants Ben Schwarz Hello, everyone. Welcome to Fusion Fuel Green's Fourth Quarter 2023 Investor Update.

Fusion Fuel Green PLC (HTOO) Q4 2023 Earnings Call Transcript

SABUGO, Portugal, March 06, 2024 (GLOBE NEWSWIRE) -- Fusion Fuel Green plc (NASDAQ: HTOO) ("Fusion Fuel"), an emerging leader in the green hydrogen sector, today announced financial results for the fourth quarter ended December 31, 2023. The quarterly shareholder letter is available at https://ir.fusion-fuel.eu/financials-filings/earnings-releases Key 2023 Highlights Entered into green hydrogen offtake agreements with Dourogas and Hydrogen Ventures Entered into partnership agreements with Toyota Material Handling España, Duferco Energia, and Elemental Clean Fuels Awarded ~€17 million in project grant funding Commercialized turnkey, modular HEVO-Chain solution for a global leader in the building materials industry Headcount has reduced by ~30% from highest point in 1Q23; operating costs have reduced 22% year over year Published inaugural ESG Report Recognized first revenues; cumulatively booked €4 million in 2023 Received two orders for 1.25 MW HEVO-Chain green hydrogen systems to be delivered to projects in Portugal in 2024 Signed securities purchase agreement with Belike Nominees Pty Ltd.

Fusion Fuel Green Hosts Fourth Quarter 2023 Investor Update

SABUGO, Portugal, March 04, 2024 (GLOBE NEWSWIRE) -- Fusion Fuel (NASDAQ: HTOO) (the “Company”) announced today that it has received approval for a €1.015 million grant from the European Innovation Fund's Horizon Europe Programme. The Company was included as a member of H2tALENT, a consortium of 29 partners from six countries across Europe and sponsored by the Universidade de Évora. H2tALENT was one of three consortia funded in the topic (HORIZON-JTI-CLEANH2-2023-1), which was created to develop small-scale hydrogen valleys that demonstrate the decarbonization potential of hydrogen and cover the entire value chain from research & development through to end-use.

Fusion Fuel Receives €1 Million Grant from European Innovation Fund for Alentejo Green Hydrogen Valley through H2tALENT Consortium

EU is increasing its focus on green hydrogen supply and use, boosting the stock price of green hydrogen startup Fusion Fuel recently through a sizable grant that was recently awarded. Fusion Fuel is well-positioned to take advantage of the growing demand for green hydrogen and transition from a startup to an established producer with the help of this grant. Fusion Fuel may finally start generating significant revenues after a series of disappointments.

Fusion Fuel: Recent EU Grant Sets Up Boom Or Bust Verdict Scenario For Investors By 2025

SABUGO, Portugal, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Fusion Fuel Green plc (NASDAQ: HTOO) announced today that it will be hosting a live conference call and webcast on Wednesday, March 6, 2024, to discuss fourth quarter financial results and operational highlights for the green hydrogen solutions company. Agenda for the Call: 4Q23 Highlights & Financial Review Market and Commercial Update 2023/24 Targets and Revenue Guidance Management Q&A Join the Webcast: Date: March 6, 2024 Time: 10:00am ET Participant Dial-In: +1 (312) 248-9348 Participant ID: 033156 Participant Passcode: 8266 Webcast registration page: https://www.bigmarker.com/inscricao/Q4-Update-Fusion-Fuel The webcast may also be accessed through the Events page on the Fusion Fuel website (https://www.fusion-fuel.eu).

Fusion Fuel Announces Fourth Quarter 2023 Webcast Date

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Shares of Fusion Fuel Green PLC skyrocketed on massive volume Friday, after the green hydrogen producer said it received the necessary approval to start funding negotiations for its project in Portugal.

Fusion Fuel's stock skyrockets after green-hydrogen project gets approval

SABUGO, Portugal, Feb. 16, 2024 (GLOBE NEWSWIRE) -- Fusion Fuel (NASDAQ: HTOO) (the “Company”) is pleased to announce that it has received notification from the European Commission that the Company's HEVO-Portugal project was among 33 selected for approval under the Important Projects of Common European Interest (“IPCEI”) Hy2Infra program. The €650 million, 630 MW project is to be developed in Sines, Portugal, and would produce 62,000 tonnes of green hydrogen per annum. A portion of the green hydrogen is expected to be used in the production of green ammonia and exported from the Port of Sines to the Port of Rotterdam in the Netherlands. The balance would be consumed by industrial customers in the domestic Portuguese market.

Fusion Fuel Receives Notification of IPCEI Approval from European Commission for 630 MW HEVO-Portugal Project

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Fusion Fuel Green PLC (NASDAQ:HTOO ) Q3 2023 Earnings Call Transcript December 4, 2023 10:00 AM ET Company Participants Ben Schwarz - Head of IR Gavin Jones - CFO Frederico Figueira de Chaves - CEO Ben Schwarz Hello everyone and welcome to Fusion Fuel Green's Third Quarter 2023 Investor Update. My name is Ben Schwarz and I'm Head of Investor Relations at Fusion Fuel.

Fusion Fuel Green PLC (HTOO) Q3 2023 Earnings Call Transcript

SABUGO, Portugal, Dec. 04, 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 third quarter ended September 30, 2023. The quarterly shareholder letter is available at https://ir.fusion-fuel.eu/financials-filings/earnings-releases Third Quarter 2023 Highlights Announced long-term green hydrogen supply contract with a Spanish industrial group​ Strategic partnership with Duferco Energia covering Italy, starting with a 1 MW HEVO-Chain Series NC project​ In negotiations with BGR Energy to install 1 MW HEVO-Chain demonstrator in India in 2024​ Announced strategic partnership with Elemental Clean Fuels covering the North American green hydrogen market Received order for 300 kW electrolyzer and balance of plant system from leading global building solutions supplier for delivery in 1H 2024 Subsequent Events Received two orders for 1.25 MW HEVO-Chain green hydrogen systems to be delivered to projects in Portugal in 2024 Signed a strategic financing agreement from Belike Nominees Pty Ltd.

Fusion Fuel Green Hosts Third Quarter 2023 Investor Update

SABUGO, Portugal, Nov. 30, 2023 (GLOBE NEWSWIRE) -- Fusion Fuel (NASDAQ: HTOO) announced today that it has entered into a sales contract for a 1.25 MW HEVO-Chain Series NC electrolyzer. The system will employ Fusion Fuel's plug-and-play HEVO™ technology, which uses modular building blocks to design green hydrogen solutions tailored to individual customer needs.

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