Fusion Fuel Green PLC has begun commercial operations at its first biomass-powered industrial steam project at a dairy facility in South Africa, marking its entry into the Southern African market.
The project, developed in partnership with Alien Fuel (Proprietary) Limited, is expected to generate around $0.7 million in annual revenue. It has been set up under a joint venture company, BioSteam Energy, in which Fusion Fuel holds a 51 per cent stake.
The new system replaces a fossil fuel-based steam generation process with a biomass-based solution. It is expected to lower the facility’s carbon emissions and allow the generation of carbon credits through reduced landfill waste and cleaner fuel use, Market Screener reported.
Under the agreement, Fusion Fuel also has the first right to take part in future projects developed or offered by Alien Fuel within the scope of the partnership.
BioSteam Energy began producing steam on May 1, marking the start of operations at the facility. The company said additional projects are already being planned as part of its expansion strategy in the region.
