Portuguese-based Fusion Fuel has strengthened its foothold in the US green hydrogen market by entering into definitive agreements with newly formed development firm Elemental Clean Fuels.
Formed by Zach Steele and Jason Baran, former senior executives at Fusion Fuel, and Jeff Crone, a former advisor to the company, Elemental has around 40MW of pre-feasibility projects in its pipeline.
Fusion Fuel is contributing several development assets from its own portfolio to Elemental while taking a minority stake in its ownership.
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