Everfuel A/S, through its subsidiary Everfuel Production Karlstad AB, has secured funding for a potential hydrogen production project in Karlstad, Sweden. The Swedish Environmental Protection Agency, under the Klimatklivet program, could award up to 13.9 million euros for the construction of a 20-megawatt electrolyzer. The project, in partnership with Karlstads Energi, is subject to conditions like technical studies and program criteria. Despite not aligning with Everfuel's recent strategy, the project signifies the rising interest in hydrogen across Europe. The Klimatklivet program, focusing on reducing emissions, supports such initiatives. Karlstads Energi's involvement could boost its position in the energy market. The 20 MW electrolyzer will produce hydrogen for industrial and energy use, aiding decarbonization efforts. The project aims to address the growing demand for hydrogen, potentially positioning Karlstad as a significant production site in Europe.