Fusion Fuel announces strategic collaboration agreement with AESA to target the decarbonization of Spanish industry

Fusion Fuel anuncia un acuerdo de colaboración estratégica con AESA para abordar la descarbonización de la industria española

Fusion Fuel, a green hydrogen technology company, announces that it has signed a collaboration agreement with AESA, a leading Spanish industrial engineering services company and a pioneer in the decarbonization of industrial energy. The agreement aims to accelerate the decarbonization of Spain’s commercial and industrial base and aligns with the objectives established in Spain’s Hydrogen Roadmap.

The partnership combines Fusion Fuel’s disruptive solar-to hydrogen technology with AESA’s engineering solutions and track record in industrial power, co-generation and decarbonization projects. AESA has over 40 years of experience providing such services to large, energy intensive clients in the power, refining, chemical, cement, paper, agro-industrial and manufacturing sectors.

The two companies will focus on the substitution of the more than 500,000 MT of grey hydrogen consumed annually by industry today in Spain, the transition to FCEV and hydrogen fueled vehicles for logistics and haulage fleets, as well as the decarbonization of power generation and industrial heating.

Fusion Fuel and AESA are actively developing decarbonization projects with major industrial clients who are well-positioned to benefit from the recently announced capex subsidy programs aimed at incentivizing the innovative use of green hydrogen technology across the industrial value chain.

Commenting on the agreement, João Wahnon, Fusion Fuel’s Head of Business Development said, “we are excited to announce this strategic partnership with AESA, which establishes a platform for catalyzing the decarbonization of Spanish industry. By jointly going to market, Fusion Fuel and AESA together form the leading-edge provider of turnkey, low-cost green hydrogen solutions for decarbonizing industrial processes, thermal energy, and heavy commercial vehicles. We expect that our clients’ projects will be considered a priority for both Spanish and EU subsidy programs aimed to spur the energy transition and the development of the hydrogen economy.”

Raimon Argemí, General Manager of AESA, stated, “the potential to provide our clients with decarbonization solutions based on proven competitive green hydrogen technical represents a fundamental quantum leap when it comes to tackling decarbonization projects. In this sense, we are convinced that the collaboration between AESA and Fusion Fuel will contribute to accelerating the availability of green hydrogen and the energy transition of our economy.”

Source: Fuel Fusion