Everfuel to supply 10,000 TPA of green H2 to a German industrial customer

Everfuel has announce the signing of a Letter of Intent (LoI) with an undisclosed industrial offtaker in Germany for the supply of up to 10,000 tons of green hydrogen per year from 2028. 

The company claims that the initial demand of its new customer is expected to match the hydrogen output from a 100 MW electrolyser, aligning with its strategy of developing standardized, scalable electrolyzer modules tailored to demand. 

The customer is also expected to increase consumption of green hydrogen in due course as per its own decarbonization plan. Green hydrogen is currently classified as 'Renewable fuels of non-biological origin' (RFNBO) in Germany, in line with EU's Renewable Energy Directive (RED II) targets.

More importantly, the agreement is conditional upon the establishment of hydrogen pipeline infrastructure between Denmark and Germany, connecting Everfuel's production facility in Demark to that of the location of the customer via pipeline. 

"This is a validation of Everfuel's focused strategy for delivering green hydrogen at scale to industrial customers and I would like to acknowledge our partner's ambition to pioneer the hydrogen transition in Germany. We share a strong commitment to enabling material carbon emission reductions and creating a platform for mutual long-term value creation," said Jacob Krogsgaard, founder and CEO of Everfuel.

The company claims that it may supply hydrogen from its project 'Sif' or other future electrolyser projects under development in the region.

Jacob further noted that developers like Everfuel work hard to mature portfolios of scalable projects to ensure production capacity and redundancy in operations to verify industry commitments.

"It is crucial for Everfuel and our partners to understand the timing and cost associated with using the upcoming infrastructure. We look forward to continuing the dialogue with Energinet in the process to firm backbone capacity commitments scheduled for second half of 2025," he continued.