Fusion Fuel and Toyota Material Handling España, S.A. (TMHES) have signed a collaboration agreement to promote the development of the green H₂ fuel cell forklift market in Spain. The collaboration seeks to further strengthen TMHES’s leadership position in the domestic zero emissions forklift truck segment by offering end-to-end solutions of fuel cell forklifts combined with green H₂ production and H₂ refueling infrastructure provided by Fusion Fuel Spain and its industrial partners.

The companies will offer a fully financed solution that combines H₂-as-a-Service – guaranteeing security of supply at competitive prices – with TMHES’s market-leading operational rental and leasing solutions for their range of forklift products.

Both companies view the logistics and material handling sector as uniquely well suited to benefit from the advantages of H₂ energy and consider fuel cell forklift solutions as a critical decarbonization vector, particularly in logistics operations requiring heavy loads and high operating hours. The companies aim to deploy their green H₂ solutions to legacy forklift truck fleets, as well as to integrated H₂ logistics projects that combine the full spectrum of fuel cell vehicles for supply chain, distribution and materials handing operations.

Grant Greatrex, Co-Founder of Fusion Fuel Spain and Mobility Lead for the company, said, “we are excited to announce this collaboration with a fellow pioneering company in the green H₂ energy transition and see great potential for fully financed integrated solutions for our joint clients.”

Frederico Chaves, Co-Head of Fusion Fuel, said, “we have spoken at length about the importance of value chain partnerships to develop the green H₂ ecosystem and solve the chicken-and-egg problem that all too often hinders the commercial adoption of novel technology. We are extremely excited about the potential of this partnership to help accelerate the deployment of Fusion Fuel’s technology and TMHES’ forklift solutions within the Spanish logistics and material handling market.”

Joan Catalan, Director General of Toyota Material Handling España, has spoken about the partnership with Fusion Fuel Spain, “we are pleased to collaborate with Fusion Fuel Spain in the development of H₂ as a green energy for the mobility in our country. Sustainability is one of our key objectives, working to zero emissions target, and we believe that green H₂ applied to forklifts market will be a key element in this journey. H₂ has been proven as a clear alternative to other sources of energy when talking about performance, quick refill and zero emissions in intensive applications. Toyota has been working on H₂ for many years, starting with the Fuel Cell forklift prototype presented in 2005, so this cooperation agreement is a further step to reinforce the actions already underway.”