Everfuel A/S announced the signing of a Letter of Intent (LoI) with a large industrial offtaker in Germany for the supply of up to 10,000 tons of green hydrogen per year from 2028. The undisclosed customers' initial demand is expected to match the hydrogen output from an operationally optimised 100 MW electrolyser, aligning with Everfuels' strategy of developing standardised, scalable electrolyser modules tailored to demand. The customer expects to increase consumption of green hydrogen, classified as Renewable fuels of non-biological origin (RFNBO), over time in accordance with its plans for decarbonising industrial processes.

The German partner understands Denmark's significant potential for green hydrogen export and recognises Everfuel's unique strategic position and plans for establishing hydrogen production capacities in the attractive Danish power zone DK1. Everfuel may supply the RFNBO hydrogen from project Sif or other future electrolyser projects under development. The LoI is the first step towards a final commercial agreement between the parties, which is conditional upon several factors, including the establishment of hydrogen pipeline infrastructure between Denmark and Germany connecting Everfuel's production facility and the customer.