Everfuel's Subsidiary Receives Grant for Hydrogen Project in Karlstad
Key Ideas
- Everfuel's subsidiary in Karlstad, Sweden, has been awarded a grant by the Swedish Environmental Protection Agency for a potential 20 MW electrolyser project.
- The grant, if finalized, could amount to up to EUR 13.9 million, providing partial financing for the hydrogen production project in Karlstad.
- The project, a joint initiative with the local utility company Karlstads Energi, is part of Everfuel's efforts to expand green hydrogen infrastructure across Europe.
- Everfuel aims to decarbonize industry and transportation in Europe by connecting the hydrogen value chain and providing clean energy to enterprise customers.
Everfuel A/S, a company headquartered in Herning, Denmark, has announced that its subsidiary, Everfuel Production Karlstad AB, has received a grant from the Swedish Environmental Protection Agency for a potential hydrogen production project in Karlstad, Sweden. The grant, under the Climate Leap investment program, could amount to EUR 13.9 million if the project moves forward. This initiative, in partnership with local utility company Karlstads Energi, aims to establish a 20 MW electrolyser project. Everfuel, a company specializing in green hydrogen infrastructure, is focused on providing clean energy made from renewable sources to decarbonize industry and transportation in Europe. The project aligns with Everfuel's strategy to expand its presence in the European market. Everfuel and Karlstads Energi are collaborating to explore options for realizing the project, which is not part of Everfuel's previously announced strategy. The partnership reflects a commitment to sustainability and green energy initiatives. Everfuel's goal is to seamlessly provide hydrogen fuel to enterprise customers while contributing to a more sustainable future.
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