FAQ: Fusion Fuel Green PLC's Subsidiary Secures $1.2 Million in UAE Energy Projects

What is the main announcement in the content?

The main announcement is that Fusion Fuel Green PLC’s majority-owned subsidiary, Al Shola Al Modea Gas Distribution LLC, has secured AED 4.4 million (~$1.2 million USD) in new engineering and utility projects across Dubai.

Why is this announcement significant?

This announcement is significant because it demonstrates the growing demand for turnkey LPG systems in high-density developments and reaffirms the company’s strategic push into cash-generating utility infrastructure.

How will these projects generate revenue?

All projects will generate recurring revenue through long-term utility agreements.

Who is involved in these projects?

Fusion Fuel Green PLC’s subsidiary, Al Shola Al Modea Gas Distribution LLC, is involved in these projects, serving a customer base that now exceeds 12,000.

Where are these projects located?

The projects are located across Dubai, including developments in Dubai Marina, Business Bay, Satwa, and other districts.

What is the target bulk LPG volume for Al Shola Gas by year-end?

Al Shola Gas has a year-end target of 800 metric tons of bulk LPG volumes monthly.

What services does Al Shola Gas provide?

Al Shola Gas provides full-service industrial gas solutions, including the design, supply, and maintenance of liquefied petroleum gas (LPG) systems, as well as the transport and distribution of LPG.

What is BrightHy?

BrightHy is Fusion Fuel Green PLC’s newly launched hydrogen solutions platform, focusing on delivering innovative engineering and advisory services that enable decarbonization across hard-to-abate industries.

Where can I find more information about Fusion Fuel Green PLC?

For more information, visit the company’s website at https://www.fusion-fuel.eu/.

Where can I view the full press release?

To view the full press release, visit https://ibn.fm/QY1zx.