Fusion fuel signs green hydrogen offtake agreement with Portuguese gas utility Dourogás.
Contract marks first agreement to connect into the Portuguese national gas grid; critical first step to creating European hydrogen economy
Fusion Fuel (NASDAQ: HTOO) announced that the company has signed an offtake agreement with Portuguese natural gas utility Dourogás for green hydrogen produced from Fusion Fuel’s projects in Portugal. This represents Fusion Fuel’s first offtake contract aimed at blending green hydrogen within the Portuguese natural gas grid, and a first-of-its-kind agreement to support the Portuguese government in meeting its decarbonization objectives.
Portugal’s national hydrogen strategy, adopted in 2020, laid out high-impact targets including a 15% blend of hydrogen in its natural gas distribution network and 2 GW of electrolyzer…