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Everfuel – Q2 2024: Focus on HySynergy 1 completion and execution of realigned strategy

Herning, Denmark, 28 August 2024 – Everfuel A/S today published its second quarter 2024 financial results. Key events Q2 2024: · HySynergy 1 commissioning progressing according to revised plan towards start-up later in the second half of 2024 · Submitted proposal for project Frigg, an up to 2 GW H2 production facility, uniquely positioned for the coming Danish-German pipeline · Opening of first hydrogen bus depot in Germany · Seven trailers in operation serving bus station and bus depot · Additional legacy assets sold in Q2 · Q2 EBITDA of EUR -2.7 million (EUR -4.4

Her Majesty The Queen of Denmark visits the starting point of the Danish PtX adventure

Fredericia, Denmark, 1 September 2023 – Today, Her Majesty Queen Margrethe II visited HySynergy – the place where the Danish PtX adventure begins.During the royal summer cruise, Her Majesty The Queen is visiting Fredericia. Denmark’s initial steps into the PtX adventure have prompted a visit from HM The Queen to the PtX facility, HySynergy, much to the delight of the companies behind the project and their employees.“It is a great honour to have Her Majesty visit our hydrogen production facility in Frederica, which is quite unique even on an international scale. HySynergy is showing the

Everfuel – Q4 2022: Accelerated development of green hydrogen infrastructure

Herning, Denmark, 22 March 2023 – Everfuel A/S today published its fourth quarter financial results and annual report for 2022. Key Events Q4 2022: · First hydrogen produced at HySynergy in December - a major milestone towards commercial deliveries expected from Q2 2023 · HySynergy Phase 2 received DKK 246 million (EUR 33.1 million) in IPCEI funding · Green Fuels for Denmark received DKK 600 million in IPCEI funding with Everfuel as project partner providing two refuelling stations · Progressing hydrogen hub projects in Denmark, Norway and Sweden · Cash position of EUR

Everfuel awarded follow-up order to increase capacity at Wuppertal bus station in Germany

Herning, Denmark, 13 February 2023 – Everfuel is pleased to announce that the company has received a follow-up order from WSW mobil GmbH for increased capacity and scope for the planned heavy-duty hydrogen fuelling station in Wuppertal, Germany. In April 2022, after a European-wide tendering procedure, WSW mobil GmbH awarded Everfuel GmbH the contract for a hydrogen fueling station to serve a fleet of fuel cell buses for public transportation. The follow-up order announced today consists of an increase in hardware and associated services. It is the third contract in Germany for

HySynergy 2.0 receives DKK 246.3 million in IPCEI funding

Herning, Denmark, 16 December 2022 – Everfuel A/S is pleased to announce the receipt of notification from the Danish government of funding under the Important Projects of Common European Interest (IPCEI) program. The grant by the Danish government of total DKK 246.3 million (EUR 33.1 million) will be made available for the development of the second phase of the HySynergy facility. HySynergy 2.0 will be developed together with Crossbridge Energy Fredericia as partner and will produce green hydrogen used to decarbonise industrial processes and transportation. In June, Everfuel and

Everfuel grants warrants to Deputy CEO

Herning, Denmark, 30 November 2022 - Everfuel A/S today announced the grant of warrants to Martin Skov Hansen following his appointment to deputy CEO at Everfuel from 1 January 2023. The grant was made by the Board of Directors under an authorisation approved by the Annual General Meeting as part of a warrant program to support long-term employee alignment, commitment and motivation to unlock hydrogen at scale through potential shared ownership. Skov Hansen was awarded a total of 200,000 warrants in the company without payment of any consideration. Each warrant gives the right to

Everfuel to support testing of Volvo hydrogen trucks

Herning, Denmark, 19 July 2022 – Everfuel A/S is pleased to announce a collaboration with Volvo Group whereby the company will support Volvo’s recently announced testing of fuel cell trucks by supplying green hydrogen and fuelling solutions for zero emission mobility within long-haul trucking.The Volvo fuel cell trucks will be tested in Northern Sweden and in Spain to expose the vehicles to both extremely cold and warm operating conditions. During the testing period Everfuel will provide a moveable hydrogen station to refuel the trucks at both test locations. The test period is scheduled

Green Fuels for Denmark Receives IPCEI status

Herning, Denmark, 15 July 2022 – Today, the European Commission has granted IPCEI status to the project Green Fuels for Denmark, led by Ørsted. Everfuel participates in the project as the distributor of green hydrogen for road transportation.Green Fuels for Denmark is one of two power-to-X projects that were shortlisted by the Danish Government last year to be eligible for public funding. The criterion for receiving the public funding is for the project to be recognised as Important Project of Common European Interest (IPCEI) and thereby contribute in a sustainable manner to European

Everfuel receives SEK 79 million grant for three hydrogen stations in Sweden

Herning, Denmark, 14 July 2022 – Everfuel is pleased to announce that its subsidiary Everfuel Sweden AB has received SEK 79 million for building three hydrogen refuelling stations in Sweden.The funding is provided by Energimyndigheten and covers the costs of constructing the stations. All stations will support fuelling for passenger vehicles as well as heavy-duty vehicles. The stations will be built around the cities Helsingborg, Luleå and Sundsvall , which offers an extensive infrastructure network along the main Swedish traffic corridors, supporting initial fuel cell fleets and

Everfuel and Crossbridge Energy agree on terms for HySynergy Phase II hydrogen supplies

Herning and Fredericia, 27 June 2022 - Everfuel A/S and Crossbridge Energy A/S have signed a long-term agreement stipulating the terms for hydrogen supply from the first stage of Everfuel’s HySynergy Phase II PtX facility which is under development in Fredericia, Denmark. The agreement is an important step in the realisation of the planned 300MW electrolyser plant. The two project partners have agreed on the commercial terms for the initial stage of the electrolyser facility which will be developed in three stages (A, B and C) each with 100 MW electrolysis capacity.Section A will have

Everfuel and Crossbridge Energy receive grant for HySynergy liquid e-fuels study

Herning and Fredericia, 21 June 2022 - Everfuel A/S and Crossbridge Energy A/S are pleased to announce that they in a collaboration with Aalborg University have received public funding for a technology pre-feasibility study for potential future production of liquid e-fuels in Fredericia, Demark.  The total grant amounts to DKK 5.8 million. The funding will be used to part-finance the pre-feasibility study which will include the development of a test production plant which will be used to demonstrate the production of e-fuels and the optimal integration of the refinery processes as well

Everfuel launches mobile refuelling unit

Herning, Denmark 18 May 2022 – The refuelling unit, the Everfiller, is a flexible and fully mobile hydrogen fuelling solution targeted at smaller vehicle fleets. The unit allows Everfuel to offer low hydrogen prices at lower volumes than a conventional filling station, and does not require long-term customer commitment, which is normally required for building a fixed station. The unit is fully mobile and can simply be rolled away when the fuelling period is finished, which allows Everfuel to offer much greater flexibility in terms of length and size of offtake commitment. Smaller fuel-

Everfuel to build hydrogen station to support traffic from upcoming Fehmarn Belt

Herning, Denmark 3 May 2022 – Everfuel has secured the location for a refuelling station that will serve the increasing heavy-duty mobility and help establish Vordingborg as a logistics hub. By securing the location, Everfuel is prepared to build a hydrogen refuelling station at a strategically very important site, that is close to the highway.   Vordingborg is under rapid development and will continue to grow even faster in the coming years, especially within mobility and logistics. Once the Fehmarn Belt is connecting the road transport between Denmark and Germany, many heavy-duty

Hydrogen buses now serving passengers in Heinenoord, NL

Heinenoord, The Netherlands, 11 March, 2022 – The new hydrogen station in Heinenoord in South Holland was today declared open as the station started supplying a fleet of 20 fuel cell buses with green hydrogen. Today the new heavy-duty hydrogen refuelling station built by Everfuel in Heinenoord, NL, started dispensing hydrogen for a fleet of 20 hydrogen buses from Connexxion that are co-funded by the Clean Hydrogen Partnership as part of the JIVE 2 project. The station was realised through a close collaboration between the province of Zuid-Holland, the municipality of Hoeksche Waard,

The Next Wave hydrogen project continues – Funding for Phase 2 granted

Herning, Denmark 28 February 2022 - The Nordic Hydrogen Partnership (NHP) has been granted financing by Nordic Innovation - extending its heavy-duty hydrogen transport collaboration project in the Nordic countries. From the beginning of 2022, Nordic Innovation has granted NHP and partners funding to continue and broaden their activities to push deployment of heavy-duty hydrogen vehicles and infrastructure through the Next Wave project (Next Nordic Green Transport Wave – Large Vehicles), as a part of the Nordic Smart Mobility and Connectivity program. The Norwegian Hydrogen Forum,

Everfuel receives SEK 45 million grant for two H2 stations in Sweden

Herning, Denmark, 27 January 2022 – Everfuel A/S is pleased to announce that its subsidiary Everfuel Sweden AB has been awarded two grants totalling approximately SEK 45 million by the Swedish Environmental Protection Agency under The Climate Leap (Klimatklivet) investment program as partial financing for two hydrogen refuelling stations in the Värmland region. The stations will be established in cooperation with the local unit of OKQ8 as part of Evefuel’s ongoing collaboration with the leading Scandinavian operator of service stations. Some of the main traffic corridors in Sweden run

Toyota, Everfuel and DRIVR signs agreement on scaling up hydrogen taxis

Herning, Denmark, 6 January, 2022 – Everfuel, DRIVR and Toyota enter agreement on expanding the market for fuel-cell taxis.  The parties announce a five-year collaboration agreement that will scale the current number of fuel-cell taxis in Copenhagen, Denmark. Currently, over 100 of Toyota’s hydrogen cars, Mirai, are driving the streets of Copenhagen, as taxis at the Danish taxicab carrier, DRIVR. The three companies have a joint ambition of reaching 500 Mirais in Copenhagen by the end of 2025, and more than 200 by the end of 2022, which will significantly contribute to the

Everfuel enters the German green hydrogen market with the award of long-term public supply contract

Herning, Denmark, 17 December 2021 – Everfuel A/S is pleased to announce that the fully owned subsidiary Everfuel Deutschland GmbH has been awarded a contract by a German public organisation in the Frankfurt area for the provision of a hydrogen refuelling station and long-term hydrogen supply. The agreement includes a refuelling station, associated services and hydrogen delivery for a minimum of three years with potential extension for two additional years. The parties have agreed not to disclose the contract value. Closing date for submission of complaints is 10 days from today, and

Everfuel to deliver green hydrogen to fuel cells developed by TECO 2030

Herning, Denmark, 31 August 2021 - Everfuel has signed a strategic cooperation agreement with TECO 2030 for the delivery of green hydrogen to fuel TECO 2030's fuel cells and fuel cell-based power generators in remote areas. As part of the agreement, the companies will develop solutions enabling Everfuel to distribute and deliver green hydrogen to sites where TECO 2030’s hydrogen fuel cell power generators are located, or to ships, vehicles or equipment with TECO 2030’s fuel cells technology installed. The companies will focus particularly on exploring the possibility of providing

Everfuel and OKQ8 to cooperate on Swedish hydrogen station network

Herning, Denmark, 13 July 2021 – Everfuel Sweden AB, a fully owned subsidiary of Everfuel A/S and OKQ8 have entered into a cooperation agreement for joint development of the green hydrogen market in Sweden by establishing a network of H2 stations for zero-emission mobility in connection with existing and new OKQ8 service stations.   The hydrogen station network will target prime locations for intensive and heavy-duty customers, but it will also be open for passenger vehicles. The network will initially cover the larger cities and transport corridors between Stockholm, Malmoe and

Everfuel and Greenstat to collaborate on zero-emission mobility in Norway

Herning, Denmark, 5 July 2021 – Everfuel A/S and Greenstat AS have signed a cooperation agreement for developing commercially competitive hydrogen supply for zero-emission mobility by rail, road and sea in Norway. Both companies are founded on making green hydrogen commercially available by establishing robust value chains from production to end-users. Greenstat has a portfolio of attractive hydrogen production projects while Everfuel is expanding its production, distribution and network of hydrogen fueling stations. The parties have identified multiple projects that they are actively

HySynergy electrolyser nominated for potential EU IPCEI Grant

Herning, Denmark, 21 June 2021 – Everfuel A/S is pleased to announce that the company’s HySynergy Phase II electrolyser development in Fredericia is one of six projects nominated by the Danish Business Authority for participation in a large-scale EU funding project to kick-start a European market for green hydrogen and contribute to the green transition across sectors and industries. Everfuel is also a project participant in two of the other nominated projects, Blue Seal and Green Fuels for Denmark. The pan-European Important Project of Common European Interest (IPCEI) aims to contribute

Everfuel starts hydrogen fueling in Norway with delivery of the Hvam H2 station

Herning, Denmark, 10 June 2021 – Everfuel A/S today assumed ownership and operation of the hydrogen fueling station at Hvam, northeast of Oslo, Norway, as the first of two fueling sites acquired in November 2020. This is Everfuel’s first hydrogen station in Norway and an important step in realizing the company’s green hydrogen fueling strategy for trucks, buses and cars connecting the main traffic corridors in Scandinavia. The Hvam station has in recent weeks been tested and customers are now invited to take part in continued testing of various systems including payment solutions and

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