Fusion Fuel has signed a term of acceptance for a €10m grant approved through Component 14 (C-14) of Portugal’s Recovery and Resilience Plan.
The funding was accepted at a ceremony in Lisbon hosted by the Portuguese Prime Minister Antonio Costa, who was joined by Duarte Cordeiro, Portugal’s Minsiter of Environment and Climate Action.
The company had previously disclosed the approval of the award for its HEVO-Industria green hydrogen project in August last year, and now with the formal signing of the terms of acceptance, funding is secured.
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