Fusion Fuel Green and Elecnor Group to Develop Green Hydrogen Projects in Spain

Fusion Fuel Green PLC, a green hydrogen technology company, is pleased to announce that it has reached a collaboration agreement with the Elecnor Group (BME: ENO) for the development of green hydrogen projects in Spain using Fusion Fuel’s HEVO-SOLAR technology.

This collaboration will target the development of solar-to-hydrogen plants, leveraging Elecnor’s extensive commercial footprint and expertise in the engineering, construction, and development of renewable energy infrastructure projects, as well as its diversification into green hydrogen production. Elecnor also has a significant presence in the design and construction of industrial process plants, many of which are potential consumers of green hydrogen produced by Fusion Fuel’s technology.

Spain has announced a long-term strategic commitment to develop an extensive hydrogen refueling network as part of its ambitious National Hydrogen Strategy, “Hoja de Ruta del Hidrógeno.” The production of cost-competitive clean hydrogen at scale is essential to achieving the country’s decarbonization targets. Fusion Fuel, through its Spanish JV entity, will seek to play a leading role in providing the technology to decarbonize the industrial and mobility sectors. “This agreement with Elecnor will help strengthen the Company’s competitive position in the Spanish green hydrogen economy,” explained Joao Wahnon, Head of Business Development at Fusion Fuel. “We are very excited to be partnering with Elecnor to bring our Spanish projects to reality. Their experience and reach will be invaluable to us in this core strategic market.”

Elecnor Group is a leader in the development, construction, and operation of infrastructure projects in the renewable energy, power and industrial plant sectors, in Spain and abroad. Thanks to the experience of its pioneering solar photovolatic subsidiary Atersa, Elecnor can manufacture and deliver the components and equipment necessary for any solar PV system, both off-grid and grid-connected. Atersa has participated in more than 60 projects around the world totaling over 1 GW of capacity.