Dublin, Ireland, Nov. 25, 2025 (GLOBE NEWSWIRE) -- Fusion Fuel Green PLC (NASDAQ: HTOO) (“Fusion Fuel” or the “Company”), a leading provider of full-service energy engineering, advisory, and utility solutions, today announced that its subsidiary, Bright Hydrogen Solutions Ltd (“BrightHy Solutions”), a leading engineering and advisory company specialized in green hydrogen, has signed a definitive contract to be the engineering, installation and equipment provider for a green hydrogen project in southern Euro ...

Core Insights - Fusion Fuel Green PLC's subsidiary, Bright Hydrogen Solutions, has signed a contract for a green hydrogen project in southern Europe, marking a significant step in the development of hydrogen infrastructure in the region [1][4] - The contract is valued at approximately €1.7 million and involves the delivery of an electrolyzer system and hydrogen refueling station for a large construction company [2] - Engineering work has commenced, with production of key equipment underway, and the facility is expected to be completed and operational by 2026 [3] Company Overview - Fusion Fuel Green PLC is a provider of energy engineering, advisory, and utility solutions, with a focus on decarbonization and renewable energy [1][4] - Bright Hydrogen Solutions specializes in green hydrogen engineering and advisory services, aiming to lead the hydrogen market through electrolysis solutions [5] - The company offers a comprehensive suite of services, including industrial gas solutions and biomass-powered steam solutions through its subsidiaries [4]

Core Insights - Fusion Fuel Green PLC reported significant operational and financial progress in the first half of 2025, marking a pivotal period in the company's history [4] - The company generated approximately €6.9 million in revenue, a substantial increase from no revenue in the same period last year, primarily due to the acquisition of LPG operations [4] - The company expects to achieve full-year 2025 revenue of approximately €17.4 million, representing a 70% growth compared to the previous year [6] Operational and Strategic Progress - Bright Hydrogen Solutions Ltd advanced its hydrogen platform with new agent agreements and successful tenders for two hydrogen projects, alongside establishing a €30 million joint venture for mid-scale hydrogen plants in Europe [3] - Al Shola Al Modea Gas Distribution LLC signed new engineering contracts worth approximately $4.5 million and annual fuel supply agreements for about $1.7 million, contributing to predictable cash flow [5] - The company is pursuing M&A activities, including the acquisition of a UK-based fuel distribution company with approximately $50 million in annual revenue and a joint venture for a biomass-powered steam project in South Africa [5] Financial Performance - The company reported an operating loss of approximately €2.9 million and a net loss of about €2.3 million for the first half of 2025, a reduction from approximately €7.9 million in losses during the same period in 2024 [4] - Over $8 million was raised year-to-date, which facilitated the repayment of approximately €4.3 million in debt, strengthening the company's balance sheet [4] - The conversion of outstanding convertible notes and recent equity raises simplified the capital structure, enhancing transparency for shareholders [4] Compliance and Future Outlook - The company resolved all outstanding listing deficiencies with Nasdaq, regaining full compliance following a share consolidation and capital raises [4] - The outlook for the second half of 2025 includes further operational progress across both BrightHy Solutions and Al Shola Gas [6]