HTOO

Fusion Fuel Green PLC operates as a green hydrogen solutions company focused on producing and supplying hydrogen through electrolyzer technology. Headquartered in Dublin, Ireland, the company develops, manufactures, and deploys its proprietary HEVO electrolyzer units, which are designed to generate green hydrogen using solar energy and water electrolysis. The company's business model centers on installing micro-generation units at customer sites and selling hydrogen through long-term power purchase agreements, while also offering its electrolyzer technology to third-party operators. Fusion Fuel maintains manufacturing capabilities in Portugal and operates projects across Europe and internationally. The company went public through a business combination with special purpose acquisition company HL Acquisitions Corp in January 2021, listing on NASDAQ under the ticker HTOO. In recent years, the company has faced significant operational and financial challenges, including project delays, customer contract difficulties, and substantial revenue declines. The company has pursued strategic restructuring efforts and explored various financing alternatives to support its operations. Fusion Fuel positions itself within the emerging green hydrogen sector, targeting industrial applications and energy customers seeking zero-carbon hydrogen alternatives. The company competes in a rapidly evolving market characterized by increasing regulatory support for renewable hydrogen but also facing technology costs and infrastructure development challenges.