Everfuel and Karlstads Energi Secure Grant for 20-MW Electrolyser Project in Sweden
Key Ideas
- Everfuel and Karlstads Energi have secured a grant of up to EUR 13.9 million for a 20-MW electrolyser project in Karlstad, Sweden.
- The funding is provided by the Swedish Environmental Protection Agency under the Climate Leap initiative.
- The project is part of a larger plan to establish a green hydrogen hub in Sweden, with a potential total capacity of 100 MW.
- The grant is conditional on the project's progress and compliance with specified conditions.
Danish firm Everfuel A/S and Sweden-based Karlstads Energi have received a conditional grant of up to EUR 13.9 million to support the development of a 20-MW electrolyser in Karlstad, Sweden. The funding, provided by the Swedish Environmental Protection Agency under the Climate Leap initiative, is subject to the project meeting specific criteria. The two companies are collaborating to explore options for advancing the project. This initiative is part of a broader vision to establish a green hydrogen hub in Sweden, beginning with a 20-MW phase and potentially scaling up to 100 MW. The memorandum of understanding signed in 2022 between Everfuel and Karlstads Energi laid the groundwork for this collaborative effort towards sustainable energy production.