Herning, Denmark, 21 February 2023 - Everfuel has entered into a cooperation
agreement with Better Energy to contribute to the Holstebro PtX project with
green energy.
Wind turbines and solar cells on land need to deliver four times more than
today, necessary for Denmark to be able to achieve the goal of reducing CO2
emissions by 70% in 2030. It is a prerequisite that energy parks cannot solely
be allocated to supply electric cars and heat pumps with new green power if
Denmark's next business adventure within hydrogen and Power-to-X (PtX) is to be
supported.
" Independent energy supply has never been more important than it is today. The
potential for the development of PtX in Holstebro is enormous, but the condition
for it to succeed is of course that there is access to locally produced green
electricity. Therefore, a solar park in Tvis is crucial to the success of the
project." says Jacob Krogsgaard, CEO of Everfuel.
"Together with a number of local landowners, we have explored the possibilities
for a new solar park, and currently it seems that it may be possible to settle
nature, climate, and local considerations regarding the establishment. A very
good starting point has been created to involve neighbours, citizens, the Tvis
Citizens' Association and other interested parties in the actual idea
development," says Esben Billeskov, Executive Vice President.
The proposed solar park is located between two high-voltage power lines and a
direct line from the park to Everfuel's hydrogen production could potentially be
built. On 14 February, Better Energy applied to Holstebro Municipality for the
establishment of the solar park.
For the full press release see the Danish version jointly published.
For additional information, please contact:
Mikkel Abildtrup Pedersen, Chief Development Officer, Everfuel, +45 53600970
Mads Tirsgaard Mortensen, Investor Relations Manager, Everfuel, mm@everfuel.com,
+45 6171 56 25
Christian Bergmann, Head of Communication, Better Energy, cbm@betterenergy.dk,
+4502671 3634
About Everfuel | www.everfuel.com
Everfuel is making green hydrogen for zero emission industry and mobility
commercially available across Europe, offering competitive all-inclusive
hydrogen supply and fuelling solutions. We own and operate green hydrogen
infrastructure and partner with industry and 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 energy
carrier made from renewable solar and wind power and key to decarbonising
industry and transportation in Europe. We are an ambitious, rapidly growing
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 Better Energy | www.betterenergy.com
Better Energy was founded with the purpose of accelerating the transition to
renewable energy sources with better solutions and mass quantities of affordable
clean energy. Our vision is to improve the lives of people and the environment
with power that is clean, reliable, safe and sustainable.
Better Energy is a renewable energy company that creates new green energy.
Green, sustainable energy that reduces CO2, strengthens biodiversity and is also
cheaper than coal, oil, and gas.
We design, develop, engineer, finance, build, operate and own renewable power
plants that generate clean electricity. This green power is delivered to local
and national electricity grids. Individual businesses can purchase clean power
directly from Better Energy through power purchase agreements (PPAs).