PVTIME – Everfuel has entered into a grant agreement with the German authorities to secure funding from the European Hydrogen Bank for the first phase of Project Frigg. The initial development stage involves 200MW of electrolyser capacity, with the overall project aiming to achieve 2GW of electrolysis capacity in the long term.
Picture: Everfuel
The facility will produce green hydrogen to supply industrial customers in Germany. It will be transported via planned cross-border hydrogen infrastructure connecting Danish production assets to German industrial hubs, thereby supporting decarbonisation within hard-to-abate manufacturing sectors.
The agreed public funding removes a significant financing uncertainty for the first construction phase. The European Hydrogen Bank mechanism is designed to reduce the risk of large-scale investment in renewable hydrogen by covering the cost difference between green hydrogen and fossil-based alternatives. This type of public support is recognised as an important tool for accelerating the deployment of electrolysers across the European Union.
Project Frigg will be delivered in modular stages, guided by market conditions and infrastructure rollout schedules. Although funding for the first phase has now been agreed in principle, expansion towards the full 2GW capacity remains subject to further permits, pipeline availability, and binding commercial off-take arrangements. Everfuel has not published a fixed commissioning date for the initial 200MW phase.
