- Fusion Fuel announced today that it had entered a commercial collaboration agreement with Duferco Energia.
- Fusion Fuel is expected to supply 50 of its HEVO-Solar trackers for the proposed project,
Fusion Fuel announced today that it had entered a commercial collaboration agreement with Duferco Energia SpA (‘Duferco’) to jointly develop the green hydrogen ecosystem in Italy and the MENA region. A subsidiary of Duferco Group, the multinational steel and commodity trading company, Duferco Energia is focused on managing energy production assets and marketing energy services.
The companies expect to leverage Duferco’s local sales network, knowledge of local markets, and deep shipping and logistics expertise to develop a pipeline of development opportunities and turnkey technology-sale projects. The 1.25 MW, green hydrogen pilot project will be developed at Duferco’s industrial site in Giammoro, Sicily. Fusion Fuel is expected to supply 50 of its HEVO-Solar trackers for the proposed project, which will be installed in 2024. The facility is expected to produce roughly 46 tonnes of green hydrogen annually, which would power a molten carbonate fuel cell (MCFC) system.
Nuno Filipe, Fusion Fuel’s Head of Commercial for Europe, commented on the agreement: “This is an exciting development for Fusion Fuel as we expand our commercial operation beyond Iberia into Southern Europe. This agreement not only represents our entry point into the Italian market but, more importantly, the start of what we hope will become a strong anchor relationship with Duferco Group to sell our technology and develop projects in Italy and, ultimately, in adjacent markets like Tunisia and Algeria”.