Nel ASA

Regulatory Filings • Dec 27, 2019

Nel ASA: Receives purchase order for H2Station® fueling station solution for taxis in Copenhagen

Nel ASA: Receives purchase order for H2Station® fueling station solution for taxis in Copenhagen

(Oslo, 27 December 2019) Nel Hydrogen A/S, a subsidiary of Nel ASA (Nel,

OSE:NEL), has received a purchase order from Everfuel Europe A/S (Everfuel) for

the delivery of a H2Station® fueling solution for a fleet of taxis in

Copenhagen, Denmark.

"We are excited to enter into this first contract with Everfuel on providing our

H2Station® fueling solution to help support the deployment and use of hydrogen

powered zero emission taxis in Copenhagen," says Jens Egholt Rasmussen, Global

Sales Director for Nel Hydrogen Fueling.

"For Everfuel this initiative marks the start in offering competitive zero

emission hydrogen fuel for vehicle fleets operators throughout Europe, without

compromising cost and performance compared to conventional vehicles. This will

also be one of the first high capacity, dual fill 700bar stations in Europe,

ready for the planned scale up of green taxies in Copenhagen," says Jacob

Krogsgaard, CEO of Everfuel.

The H2Station® fueling solution will be installed during 2020 and is supported

by the European Hydrogen program "Fuel Cells and Hydrogen Joint Undertaking"

under the "Hydrogen Mobility Europe" project. The parties have decided to not

disclose the value of the contract.

ENDS

For additional information, please contact:

Jon André Løkke, CEO, +47 907 44 949

Bjørn Simonsen, VP Market Development & Public Relations, +47 971 79 821

About Nel Hydrogen | www.nelhydrogen.com

Nel is a global, dedicated hydrogen company, delivering optimal solutions to

produce, store and distribute hydrogen from renewable energy. We serve

industries, energy and gas companies with leading hydrogen technology. Since its

origins in 1927, Nel has a proud history of development and continual

improvement of hydrogen plants. Our hydrogen solutions cover the entire value

chain from hydrogen production technologies to manufacturing of hydrogen fueling

stations, providing all fuel cell electric vehicles with the same fast fueling

and long range as conventional vehicles today.

About Everfuel | www.everfuel.com

Everfuel is the new green fuel company in Europe - providing green hydrogen for

larger vehicle fleets like buses, trucks and taxies.

Everfuel is partner, owner and operator of PtX plants, hydrogen distribution &

hydrogen fueling stations.