Fusion Fuel Green PLC and Ampol Ltd Agree to Jointly Develop Green Hydrogen Production Plant with a View to Serving the Australian Market Fusion Fuel Green PLC Almargem do Bispo, PORTUGAL
DUBLIN, Ireland, May 20, 2021 (GLOBE NEWSWIRE) Fusion Fuel Green PLC (NASDAQ: HTOO), ( Fusion Fuel ), a green hydrogen technology company, is pleased to announce that it has executed a Heads of Agreement (“HoA”) with Ampol Limited (ASX: ALD) to develop a green hydrogen production plant in Queensland, Australia.
The project includes the installation of a demonstrator plant for the production of green hydrogen, using Fusion Fuel’s proprietary HEVO-SOLAR technology, at Ampol’s Lytton refinery site in Brisbane. It is expected that the plant will be commissioned and operational within the next 12 months, with the HoA also providing a framework for the companies to enter a 50/50 joint venture to pursue other green hydrogen opportunities in the region.
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