Everfuel produces green hydrogen by electrolyzing water, enabling a clean energy source for mobility and industrial applications. The company aims to significantly reduce greenhouse gas emissions in hard-to-abate sectors, supplying up to 8 tons of green hydrogen daily to customers across Europe.
Funding
$128.3M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many industries and mobility applications rely on fossil fuels, contributing significantly to greenhouse gas emissions and hindering the transition to a sustainable, fossil-free economy. Decarbonizing these sectors requires a clean and versatile alternative to fossil fuels.
Solution
Everfuel produces green hydrogen through the electrolysis of water, offering a clean energy source for industrial applications and mobility. The company aims to reduce greenhouse gas emissions in hard-to-abate sectors by enabling the large-scale production, distribution, and supply of green hydrogen across Europe. Everfuel supplies green hydrogen via trailers to bus and truck customers, fleet operators, and industrial sectors suitable for hydrogen delivery. The company is also developing strategically located large-scale hydrogen production facilities to supply Germany’s industrial complex, unlocking the European hydrogen market with the lowest possible levelised cost of hydrogen.
Target Audience
The primary customers are industries seeking to decarbonize their operations, including refineries, steel manufacturers, and chemical producers, as well as bus and truck fleet operators looking for sustainable fuel alternatives.
Features
- Green hydrogen production via water electrolysis.
- Hydrogen supply via trailers to mobility and industrial customers.
- Development of large-scale hydrogen production facilities strategically located for pipeline supply.
- Focus on decarbonizing hard-to-abate industries such as refineries, steel, ammonia, and chemical production.
- Production capacity of up to 8 tons of green hydrogen per day at the HySynergy facility.