Fusion Fuel Green has signed an agreement with KEME Energy to install a green hydrogen production facility in Sines, Portugal.
The firm will integrate Fusion Fuel Green’s HEVO-Solar technology at the facility, which will have an equivalent electrolysis capacity of 1.22 MW. It will be able to produce approximately 77 tons of green hydrogen per annum and the output will be used by the Sines Renewable Energy Community.
The project will require a capital investment of EUR 2.54 million. A total of EUR 2.4 million in grant funding will be provided by Portugal’s POSEUR program.
The project will be situated in the Sines Industrial and Logistics Zone. It is expected to contribute to Portugal government’s aggressive decarbonization targets for the heavy transport and industrial sectors.
Fusion Fuel’s Head of Business Development João Wahnon said, the project will be key to the expansion of the Portuguese National Hydrogen Strategy. Wahnon added, “Hydrogen production will facilitate and accelerate the energy transition across various sectors, in particular industry. Sines is an ideal location for the development of a green hydrogen ecosystem, not only because of its access to renewable energy sources at very competitive prices, but also because it is a strategic geographical location for export, which we expect to become one of the most important hydrogen production and transaction centers in Europe.”
Miguel Matias, CEO of KEME Energy, said, “This agreement with a technological partner of international excellence like Fusion Fuel, and in an international logistics platform capable of receiving relevant counterparts from the maritime-port, industrial and logistics sectors is proof of the ability of green hydrogen to be a decentralized solution to support the decarbonization of the industrial and commercial transport sectors, as well as a complement to the storage and production of electrical energy for use in cities, ports or industrial areas, as we can find in an integrated and exemplary way in Sines.”
