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Green Hydrogen Pioneer's Surprise Pivot: Fusion Fuel's Bold Move into LPG Market
Dubai, Wednesday, 20 November 2024.
In a strategic shift that’s turning heads in the energy sector, Fusion Fuel Green is acquiring a 70% stake in Dubai’s Quality Industrial Corp. for $11 million. While some see this as a retreat from green hydrogen, I’m fascinated by how this positions them to bridge traditional and future energy markets. Their move to secure a profitable LPG business, serving 40,000 Middle Eastern customers, could actually accelerate, not hinder, the transition to cleaner energy solutions.