Fusion Fuel Green PLC, a green hydrogen technology company, has submitted a proposal for developing 100 MW electrolyser plant, requiring an investment of €136 million. The plant will produce 10,250 tonnes/year of green hydrogen used to make green ammonia.
The proposed project is called HEVO-SOLAR Sines, a collaboration of companies from four countries: France, the Netherlands, Portugal and Spain. The consortium applied for the fund under the European Green Deal Call.
The announcement came on the same day when Repsol announced that it applied with 15-members’ consortium, called H24All for the European Green Deal funding to build 100 MW electrolyser plant.
To support the economic recovery and speed up the transition towards carbon neutrality, the European Commission has allocated € 1 billion to the Green Deal Call. Fusion Fuel said that the consortium applied for the funding program under the “Develop and demonstrate a 100 MW electrolyser upscaling the link between renewables and commercial/industrial applications”, which is one of the sections in the Green Deal framework.
Like the H24All, HEVO-SOLAR Sines project also involves companies from the entire commercial value chain, covering the capture of solar energy, production of green hydrogen and the production, off-take, and logistical management of green ammonia.
H2 Bulletin understands that the plant would use solar energy to produce hydrogen, as the name suggests and Fusion Fuel solar-based green hydrogen technology. Fusion Fuel claimed to have developed a technology that can produce green hydrogen far below any commercially available methods and compete against any existing conventional technologies for producing brown and blue hydrogen.