Fusion Fuel Receives €1M Grant from European Innovation Fund for Alentejo Green Hydrogen Valley through H2tALENT Consortium
Portfolio Pulse from Benzinga Newsdesk
Fusion Fuel (HTOO) has been awarded a €1.015 million grant from the European Innovation Fund's Horizon Europe Programme as part of the H2tALENT consortium. This consortium, which includes 29 partners from six European countries and is sponsored by the Universidade de Évora, aims to develop small-scale hydrogen valleys to showcase hydrogen's decarbonization potential across the entire value chain.
March 04, 2024 | 9:22 am
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Fusion Fuel receives a significant grant from the European Innovation Fund, highlighting its role in the H2tALENT consortium to develop hydrogen valleys in Europe.
The grant signifies recognition and financial support for Fusion Fuel's involvement in green hydrogen development, likely enhancing its market position and investor confidence. This development could positively impact HTOO's stock price in the short term as it underscores the company's commitment to sustainability and innovation in the green energy sector.
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