BUZZ-Fusion Fuel Green rises on provisional approval for grant funds
Reuters · 03/20 09:35
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** Shares of Fusion Fuel Green HTOO.O up 2.5% at $1.64 in premarket trading
** Co receives provisional approval from Portuguese government for about 5 mln euros ($5.4 mn) in grant funding for development of a green hydrogen project in Aveiro
** Grant part of second funding call of Component 14 grant program aimed to accelerate energy transition
** Co's HEVO-Aveiro project aims to develop a 25 MW green hydrogen facility that would produce about 2,100 tonnes of green hydrogen per annum to be used by local ceramic industry
** As of last close, HTOO up 42.9% YTD
($1 = 0.9225 euros)
(Reporting by Saikeerthi in Bengaluru)
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