Biosteam Energy begins installation of biomass-powered industrial steam project
Majority-owned joint venture begins biomass-powered steam operations at dairy facility in South Africa, with right of first refusal on future projects.
SOUTH AFRICA – Fusion Fuel Green PLC has announced that Biosteam Energy (Proprietary) Limited, the Company’s majority-owned joint venture, has completed installation and commissioning and commenced commercial operations for its first biomass-powered industrial steam project at a well-established dairy facility in South Africa.
This project is expected to generate approximately US$0.7 million in annual revenue with further potential projects in the pipeline.
Developed in partnership with Alien Fuel (Proprietary) Limited (“Alien Fuel”), the project establishes Fusion Fuel’s first operations in Southern Africa.
The system replaces a fossil-fuel-based steam generation process with a biomass alternative, and is expected to reduce the facility’s carbon footprint while enabling the generation of carbon credits through landfill avoidance and fuel-switching benefits.
Under the terms of the joint venture, Fusion Fuel holds a 51% interest in BioSteam Energy and has a right of first refusal on future projects developed by or offered to Alien Fuel or its related entities within the scope of the joint venture’s business.
“This project represents an important step in executing our strategy to deploy scalable, revenue-generating and carbon-reducing energy solutions for transitioning industries,” said Frederico Figueira de Chaves, CEO of Fusion Fuel.
“Importantly, BioSteam Energy began producing steam on May 1st, marking the commencement of initial operations at the project. With a right of first refusal on Alien Fuel’s in-scope future projects, BioSteam Energy provides a foundation for potential growth as demand for industrial decarbonization continues to develop.”
Fusion Fuel Green PLC reported earnings results for the full year ended December 31, 2025.
For the full year, the company reported sales were US$15.64 million (EUR 14.42 million). Net loss was US$1.98 million (EUR 1.69 million).
Basic loss per share from continuing operations was EUR 1.27 compared to EUR 29.05 a year ago. Diluted loss per share from continuing operations was EUR 1.27 compared to EUR 29.05 a year ago.
About Fusion Fuel Green PLC
Fusion Fuel Green PLC provides integrated energy engineering, distribution, and green hydrogen solutions through its Al Shola Gas, BrightHy Solutions, and BioSteam Energy platforms.
With operations spanning LPG supply to hydrogen and bio-steam solutions, the Company supports decarbonization across industrial, residential, and commercial sectors.
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