EVERFUEL A/S Everfuel A/S and Hy24 A/S announced that the Joint Venture has seen notified a as marginal winner of the Danish Power-to-X tender for green hydrogen production and supply. The JV Partners is given ten working days to evaluate the residual support amount offered. The tender's built-in subsidy is provided as support for operating expenses and is recognised per kilogram of green hydrogen produced.
The subsidy will run for ten years and is dependent on the operational performance of the project. The subsidy structure supplements the JV's strategy to develop hydrogen production capacity.
