Fusion Fuel Green PLC Expands Business Operations in the Middle East
Key Ideas
- Al Shola Gas, a subsidiary of Fusion Fuel Green PLC, secured new orders and renewals worth USD $3.5 million between November 2024 and January 2025, demonstrating strong growth.
- The CEO, JP Backwell, highlighted the trust customers place in Fusion Fuel's ability to deliver fuel and value-added solutions, emphasizing the potential for growth through infrastructure investments.
- Fusion Fuel aims to expand its bulk LPG supply capabilities and geographical reach to unlock new revenue streams, meet growing demand, and drive sustainable growth in the energy sector.
- In addition to its industrial gas solutions, Fusion Fuel's BrightHy subsidiary focuses on delivering hydrogen solutions to enable decarbonization in hard-to-abate industries, showcasing the company's commitment to innovative energy solutions.
Fusion Fuel Green PLC, based in Dublin, Ireland, announced significant developments in its Al Shola Gas subsidiary, showcasing strong growth and profitability. Al Shola secured new orders and renewals valued at USD $3.5 million, including an exclusive LPG supply contract renewal in the residential sector and various installation projects in manufacturing, hospitality, and construction. The CEO emphasized the importance of the gas business in generating cash flows, underscoring customer trust and the potential for growth through infrastructure investments. Fusion Fuel plans to expand its bulk LPG supply capabilities and geographical reach to meet increasing demand and drive sustainable growth. The company's BrightHy subsidiary, focusing on hydrogen solutions, aims to facilitate decarbonization in hard-to-abate industries, reflecting Fusion Fuel's commitment to innovative energy solutions and sustainable development.