Brief: Everfuel And Hydro Sign MoU For Cooperation On Industrial Scale Hydrogen Supply

Everfuel A/S

20/05/2021 06:32

May 20 (Reuters) - Everfuel A/S  EFUEL-ME.OL :
    * EVERFUEL AND HYDRO SIGN MOU FOR COOPERATION ON INDUSTRIAL
SCALE
HYDROGEN SUPPLY
    * EVERFUEL A/S AND HYDRO'S RENEWABLE HYDROGEN COMPANY HAVE
SIGNED
A MEMORANDUM OF UNDERSTANDING (MOU)
    * TWO COMPANIES WILL SEEK TO ESTABLISH A FRAMEWORK FOR
COORDINATED
DEVELOPMENT, OPERATION, AND OPTIMIZATION OF HYDROGEN
ELECTROLYSERS BASED ON RENEWABLE ENERGY IN EUROPE
    * INITIALLY, COMPANIES HAVE AGREED TO FOCUS ON THREE SITES
IN
NORWAY AND IN MAINLAND EUROPE, TO BE ANNOUNCED IN SECOND HALF OF
2021
    * EVERFUEL WILL BE MAJORITY OWNER OF TWO OF THREE INITIAL
SITES
    * AS PART OF COOPERATION, EVERFUEL WILL INSTALL AND OPERATE
HYDROGEN DISTRIBUTION CENTERS AT ELECTROLYSER SITES ADJACENT TO
HYDRO-OWNED ALUMINUM PLANTS

Source text for Eikon:  ID:nWkr552czv 
Further company coverage:  EFUEL-ME.OL 

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