Everfuel receives grant for building eight hydrogen stations

Herning, Denmark, 13 September 2022 – Everfuel A/S is pleased to announce that the company has received € 7.67 million in partial funding for eight hydrogen refuelling stations.

The funding is provided by the EU CEF AFIF program and will support the roll-out of hydrogen infrastructure across Northern Europe. Of the eight stations it is expected that one will be built in Germany, two in Sweden and five in Denmark.

The eight stations are a part of the GREATER4H project led by STRING, which will deploy a total of 14 hydrogen refuelling stations along the main traffic corridor from Hamburg to Oslo (TEN-T Scandinavian-Mediterranean core network corridor). The two hydrogen refuelling stations in Norway are not funded by CEF. All stations will be able to supply 350 and 700 bar dispensers, which will allow the refuelling of passenger vehicles and heavy-duty vehicles.

“With the funding from CEF we are one step closer to decarbonise the European road transport. Rolling out a network of accessible hydrogen stations is key to solving the “chicken or egg” issue and offering an alternative to driving on fossil fuels. We are happy to contribute to achieving both European and national emission reduction targets, and have already secured the location for two of the eight stations,” says Jacob Krogsgaard, the CEO of Everfuel.

Background

STRING is a membership organisation that connects local governments from Germany, Denmark, Sweden, and Norway, to collaborate on cross-border infrastructure development, facilitate the green transition in the transport sector and accelerate innovation and export in green tech. Everfuel was invited by STRING to participate in the GREATER4H project as one of three private partners for providing hydrogen refuelling stations.

For additional information, please contact
Lea Vindvad Hansen, Investor Relations & Communications Manager, Everfuel, [email protected]

About Everfuel | www.everfuel.com

Everfuel is making green hydrogen for zero emission mobility commercially available across Europe, offering competitive all-inclusive hydrogen supply- and fueling solutions. We own and operate green hydrogen infrastructure and partner with vehicle OEMs to connect the entire hydrogen value chain and seamlessly provide hydrogen fuel to enterprise customers under long-term contracts. Green hydrogen is a 100% clean fuel made from renewable energy and key to electrification of the transportation sector in Europe and a sustainable future. We are a young ambitious company, headquartered in Herning, Denmark, and with activities in Norway, Denmark, Sweden, The Netherlands, Germany and Belgium, and a plan to grow across Europe. Everfuel is listed on Euronext Growth in Oslo under EFUEL.