Hynion's hydrogen refueling station in Porsgrunn was acquired in 2019 and has
not been in use since. This is due to stricter requirements, the need for
technical review and low demand in the region. But in line with the rollout of
more hydrogen vehicles due to stricter environmental requirements, the demand
has increased. Hynion now has completed a major overhaul and update of the
station, and the station has undergone third-party certification and been
approved. Now all that remains is for Direktoratet for samfunnssikkerhet og
beredskap (DSB) to finalize the certification.

The hydrogen refueling station in Porsgrunn was built by Norsk Hydro and was
completed in 2007. It became part of the "Hydrogen Highway" which was
inaugurated in 2009 and consisted of four hydrogen refueling stations on the E18
from Oslo to Stavanger. The station is a flagship with its underground hydrogen
tanks and a dispenser for 700 bar for both passenger cars and heavy vehicles.
When the station now reopens, this will be the fifth in Hynion's operation,
which cements the company as the largest player in the Nordic market.

The lengthy process of reopening the station is, among other things, because the
documentation from the manufacturing of Norsk Hydro was no longer available and
had to be largely recreated from subcontractors. This was a comprehensive and
time-consuming task. Additionally, the recertification of the pressure tanks
required pressure testing with 15,000 cycles, which also consumed a significant
amount of time.

"We are very happy that we are about to open our station in Porsgrunn for public
fueling again. It has been a lot of work to go through all the station
technology and get it ready for inspection and approval. The fact that the CEO
of Power to Telemark has already bought a new hydrogen car shows a great faith
in hydrogen as a fuel," says Slavica Djuric, CEO of Hynion.

"We at Power to Telemark are very happy that the station is now so close to
being put into use, hydrogen is the major energy carrier for the future, now
that we are phasing out fossil fuels," says Arne Nicander, CEO of Power to
Telemark.

"I am very satisfied that all the technical equipment in the station is in such
good condition, even though the station was built more than 15 years ago. It
will work well for many years to come," says Pål Midtbøen, CTO of Hynion and one
of the engineers behind the construction of the station.

For more information contact:
Slavica Djuric, CEO Hynion Sverige AB
and acting CEO Hynion AS	
Phone: +46 73 072 60 76
Email: sd@hynion.com


About Hynion
Hynion builds, owns and operates hydrogen refueling stations in and around the
largest cities in Scandinavia. The company offers hydrogen refueling stations
based on its own technology and decades of experience for turnkey establishment
and operation by interested actors or within the framework of collaborations or
co-ownership. The company's management also has extensive experience in
establishing and running start-ups in hydrogen technology and renewable energy.
www.hynion.com

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