Fusion Gas receives approval for €10M grant to develop HEVO-Industria mission
Fusion Gas will obtain an estimated €10-million grant as a part of Element 14 (C-14) of the Portuguese Restoration and Resilience Plan to develop its 6.6MW HEVO-Industria inexperienced hydrogen mission in Sines, Portugal. C-14 is concentrated on accelerating the vitality transition by supporting the manufacturing of hydrogen and different renewable gases.
The HEVO-Industria mission, which is anticipated to take FID (ultimate funding choice) within the first half of 2023 and require €25 million of capital funding, consists of 300 HEVO-Photo voltaic models together with a hydrogen refueling station and related steadiness of plant to assist native trade. The mission will produce an estimated 764 tonnes of inexperienced hydrogen every year.
The ability will probably be geared up with Fusion Gas’s HEVO-Night time answer, which is able to allow the manufacturing of inexperienced hydrogen by HEVO-Photo voltaic turbines in a single day or in periods of low photo voltaic irradiation. The inexperienced hydrogen to be produced is anticipated for use for mobility and industrial purposes in Sines or blended within the pure fuel grid.
HEVO miniaturized PEM electrolyzer
HEVO is Fusion Gas’s proprietary miniaturized PEM electrolyzer, designed to be small, light-weight, and mass-producible. HEVOs are affixed to the again of high-efficiency concentrated photovoltaic (CPV) panels to make a HEVO-Photo voltaic generator. When built-in with high-efficiency concentrated photovoltaic (CPV) tracker, the HEVO is ready to leverage 100% of the vitality from the solar—each electrical and thermal—to enhance the effectivity of the electrochemical response and cut back the levelized value of inexperienced hydrogen.
In a location with 2,100 KWh/m2/12 months of direct regular irradiance—comparable to Southern Portugal—every HEVO-Photo voltaic can produce one ton of inexperienced hydrogen per 12 months utilizing solely solar energy. The HEVO-Photo voltaic is ready to make the most of vitality from the grid or secondary sources of energy to function in a single day or when the solar isn’t shining, providing the potential to double the annual output of every unit.
Fusion Gas can be main the Sines Inexperienced Hydrogen Valley Alliance which incorporates KEME Vitality, Transition2Green, and HyLAB Collaborative Laboratory. The centerpiece of the initiative is Fusion Gas’s €147-million H2 HEVO-SINES mission, a 91 MW solar-to-hydrogen plant with an annual manufacturing capability of 9,163 tons of inexperienced hydrogen.
H2 HEVO-SINES is a part of a portfolio of tasks that comprise Fusion Gas’s large-scale IPCEI mission in Sines, which might produce an estimated 61,848 tons of inexperienced hydrogen yearly, equal to 606 MW of electrolysis capability, as soon as absolutely ramped up in 2026.