Today, the ground was broken for Hynion's hydrogen refueling station in
Västerås. It is the first station in a new generation of hydrogen refueling
stations with a capacity of 1,500 kg of hydrogen per day. 

As previously communicated, Hynion has been granted a grant of SEK 61.4 million
from the Swedish Energy Agency to build two hydrogen refueling stations. In
addition to this station in Västerås, with a strategically important location
right next to the E18, the second station is to be built in Jönköping, in the
Torsvik logistics area next to the E4 south of the city. Both stations are to
have a capacity of 1,500 kg of hydrogen per day and are to be completed in the
first half of 2024. Completion will be somewhat delayed, among other things due
to delays in the delivery of important subsystems to the stations.

"We are very grateful for the excellent cooperation with the City of Västerås
and that we have now received the go-ahead and have started the construction of
our hydrogen refueling station in Västerås. We are convinced that this will be
an important and successful project for the upcoming phase-out of fossil fuels",
says Slavica Djuric, CEO Hynion Sverige AB.

"That Västerås will be the first place in Sweden to get a full-scale hydrogen
refueling station is very exciting. Now it is up to companies and organizations
to start the work of replacing fossil-powered vehicles with hydrogen-powered
ones, so we can speed up the work of saving the climate", says Staffan Jansson
(S), chairman of the municipal board in Västerås.

"It is great that this project with the large hydrogen refueling station is
moving forward and that the construction has started. It means that together we
have come one step closer to zero emission and that we soon will see more
hydrogen-powered cars and trucks on our roads", says Monica Stolpe-Nordin,
municipal councilor (C) in Västerås.

"Now, we start with the real construction project, where Premac is responsible
for the ground works and many other parts of the project, before the advanced
technical equipment for the station is coming into place", says Torgny Eriksson,
project manager for the stations in Västerås and Jönköping and product manager
in Hynion Sverige AB.


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