Fusion Fuel Green PLC
NASDAQ:HTOO
Fusion Fuel Green PLC
Fusion Fuel Green Plc engages in the production of green hydrogen. The company is headquartered in Dublin, Dublin and currently employs 19 full-time employees. The company went IPO on 2020-12-10. The firm created an integrated solar-to-hydrogen solution that enables off-grid production of hydrogen with zero carbon-emissions. Its business lines include the sale of electrolyzer technology to customers interested in building their own green hydrogen production, the development of hydrogen plants to be owned and operated by Fusion Fuel, and the sale of green hydrogen as a commodity to end-users through long-term hydrogen purchase agreements. The company produces hydrogen using renewable energy. Its project includes GreenGas project in the Evora region of Portugal that uses technology of solar irradiation, a closed-loop natural gas network, readily available land and good access roads and connection. The hydrogen produced at Evora is used to establish a track record in use-cases: hydrogen blending in the natural gas network, conversion into electrical energy.
Fusion Fuel Green Plc engages in the production of green hydrogen. The company is headquartered in Dublin, Dublin and currently employs 19 full-time employees. The company went IPO on 2020-12-10. The firm created an integrated solar-to-hydrogen solution that enables off-grid production of hydrogen with zero carbon-emissions. Its business lines include the sale of electrolyzer technology to customers interested in building their own green hydrogen production, the development of hydrogen plants to be owned and operated by Fusion Fuel, and the sale of green hydrogen as a commodity to end-users through long-term hydrogen purchase agreements. The company produces hydrogen using renewable energy. Its project includes GreenGas project in the Evora region of Portugal that uses technology of solar irradiation, a closed-loop natural gas network, readily available land and good access roads and connection. The hydrogen produced at Evora is used to establish a track record in use-cases: hydrogen blending in the natural gas network, conversion into electrical energy.
Turnaround Success: Fusion Fuel reports a major turnaround in the first half of 2025, with revenue up 70% and operating costs down 54%.
Balance Sheet Improvement: The company strengthened its balance sheet, removed EUR 4.3 million in liabilities, and resolved its NASDAQ compliance issues.
Capital Raise: Over $8 million was raised this year, allowing for investment in growth and cleaning up the cap table.
Growth Engines: Al Shola Gas and Bright Hydrogen Solutions are driving strong organic growth, with new contracts, recurring revenues, and expanding operations.
M&A Pipeline: Strategic acquisitions are advancing, including a U.K. fuel distributor (over $50 million in revenue, $12 million net income) and a South African biomass joint venture.
Profitability Path: The company projects a clear path toward profitability, aiming for over $75 million in revenue and double-digit profitability by 2026.
BrightHy Strategic Move: Bright Hydrogen Solutions launched a EUR 30 million investment vehicle and is targeting breakeven within 12–15 months.