Euronext NV

11/10/2021 | Press release | Distributed by Public on 11/10/2021 06:36

Everfuel distributes green hydrogen from groundbreaking pilot project

Everfuel distributes green hydrogen from groundbreaking pilot project

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10 Nov 2021 09:58 CET

Company Name

EVERFUEL

ISN

DK0061414711

Market

Euronext Growth

Symbol

EFUEL

Herning, Denmark, 10 November 2021 - Everfuel A/S now distributes green hydrogen
from Siemens Gamesa's pilot project in Brande, Denmark.

The project is the first to produce green hydrogen from wind in "island mode",
with the option of connecting it to the grid. The project now produces green
hydrogen which is distributed by Everfuel as part of the commissioning phase.
The locally produced hydrogen is distributed to Everfuel's hydrogen refuelling
stations and fuels the growing number of fuel-cell vehicles operating on a truly
green fuel supply.

"Demonstrating the entire value chain for locally produced green hydrogen is
something we have been looking very much forward to. The wind turbine in the
project is close to the Everfuel headquarter, which means that the wind blowing
here today, powers the taxies in Copenhagen tomorrow. Siemens Gamesa has
extensive experience in wind and partnering with them on distributing green
hydrogen from the project is a dedication to the energy transition. It is no
longer enough to have renewables. We need to be able to decouple production of
renewable energy from consumption, in order to make zero-emission mobility
happen," says Jacob Krogsgaard, CEO at Everfuel.
"There is no way around green hydrogen. It is a game changer in the quest to
decarbonize the power supply and solve the climate crisis. Our hydrogen
-producing wind turbine is an example of the innovative projects that will help
shape the emerging clean-fuel market and accelerate the green energy transition
as we integrate unprecedented amounts of renewable energy into the energy
system. We are very proud to have reached yet another milestone in making this
vision a reality - getting our first 100% green hydrogen out to the consumers,"
says Poul Skjærbæk, Chief Innovation Officer, Service, at Siemens Gamesa.

The project "Brande Hydrogen" couples an existing onshore Siemens Gamesa wind
turbine with an electrolyser stack and enables a number of tests and experiments
and shows that green hydrogen can be produced without using any energy from the
grid, known as "island mode".

For additional information, please contact:

Lea Vindvad Hansen, Investor Relations & Communications Manager, Everfuel, +45
6183 0205

Frederikke Tømmergaard, Head of Global Regions, Corporate Affairs, Siemens
Gamesa, +45 3037 3737

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.

About Siemens Gamesa Renewable Energy
Siemens Gamesa unlocks the power of wind. For more than 40 years, we have been a
pioneer and

leader of the wind industry, and today our team of more than 25,000 colleagues
work at the center of the global energy revolution to tackle the most
significant challenge of our generation - the climate crisis. With a leading
position in onshore, offshore, and service, we engineer, build and deliver
powerful and reliable wind energy solutions in strong partnership with our
customers. A global business with local impact, we have installed close to 115
GW and provide access to clean, affordable and sustainable energy that keeps the
lights on across the world.

More information:
Access the news on Oslo Bors NewsWeb site

546426_101121_BrandeHydrogen_Everfuel.pdf

Source

Everfuel A/S

Provider

Oslo Børs Newspoint