Everfuel and Better Energy enter collaboration agreement on green power for PtX Holstebro, Denmark
Herning, Denmark, 21 February 2023 – Everfuel has entered into a cooperation agreement with Better Energy to contribute to the Holstebro PtX project with green energy.
Wind turbines and solar cells on land need to deliver four times more than today, necessary for Denmark to be able to achieve the goal of reducing CO2 emissions by 70% in 2030. It is a prerequisite that energy parks cannot solely be allocated to supply electric cars and heat pumps with new green power if Denmark’s next business adventure within hydrogen and Power-to-X (PtX) is to be supported.
” Independent energy supply has never been more important than it is today. The potential for the development of PtX in Holstebro is enormous, but the condition for it to succeed is of course that there is access to locally produced green electricity. Therefore, a solar park in Tvis is crucial to the success of the project.” says Jacob Krogsgaard, CEO of Everfuel.
"Together with a number of local landowners, we have explored the possibilities for a new solar park, and currently it seems that it may be possible to settle nature, climate, and local considerations regarding the establishment. A very good starting point has been created to involve neighbours, citizens, the Tvis Citizens' Association and other interested parties in the actual idea development," says Esben Billeskov, Executive Vice President.
The proposed solar park is located between two high-voltage power lines and a direct line from the park to Everfuel's hydrogen production could potentially be built. On 14 February, Better Energy applied to Holstebro Municipality for the establishment of the solar park.
For the full press release see the Danish version jointly published.
For additional information, please contact:
Mikkel Abildtrup Pedersen, Chief Development Officer, Everfuel, +45 53600970
Mads Tirsgaard Mortensen, Investor Relations Manager, Everfuel, mm@everfuel.com, +45 6171 56 25
Christian Bergmann, Head of Communication, Better Energy, cbm@betterenergy.dk, +4502671 3634
About Everfuel | www.everfuel.com
Everfuel is making green hydrogen for zero emission industry and mobility commercially available across Europe, offering competitive all-inclusive hydrogen supply and fuelling solutions. We own and operate green hydrogen infrastructure and partner with industry and 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 energy carrier made from renewable solar and wind power and key to decarbonising industry and transportation in Europe. We are an ambitious, rapidly growing 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.
About Better Energy | www.betterenergy.com
Better Energy was founded with the purpose of accelerating the transition to renewable energy sources with better solutions and mass quantities of affordable clean energy. Our vision is to improve the lives of people and the environment with power that is clean, reliable, safe and sustainable.
Better Energy is a renewable energy company that creates new green energy. Green, sustainable energy that reduces CO2, strengthens biodiversity and is also cheaper than coal, oil, and gas.
We design, develop, engineer, finance, build, operate and own renewable power plants that generate clean electricity. This green power is delivered to local and national electricity grids. Individual businesses can purchase clean power directly from Better Energy through power purchase agreements (PPAs).
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