Under the agreement, the Nel refuelling spin-out will install a new station module and dispenser at the Rybnik site, reportedly making it one of Europe’s largest hydrogen refuelling stations once complete.
The facility has already fuelled more than 7,500 vehicles and dispensed over 100,000kg of hydrogen since opening in 2023.
PAK-PCE Stacje H2, which operates the site as part of its six-station network, recently added 11 hydrogen-powered buses in Rybnik, with the upgraded site set to accommodate more than 30 in total.
Cavendish is expected to complete the upgrade in Rybnik by the end of Q1 2026.
The deal also signals renewed momentum for Cavendish in Europe, following a year of restructuring and a narrowed focus after its spin-out from Nel.
In January 2025, Cavendish announced it would make around 45% of its global workforce redundant and pause the development of its high-capacity hydrogen refuelling station as part of a cost-cutting plan.
“Our focus this year will primarily be on delivering according to customer obligations,” CEO Robert Borin previously said.
As part of the restructuring, Cavendish reduced its operating expenses to €12m ($13.4m), down from €15.8m ($17.7m) in 2024.
From spin out to recalibration: inside Cavendish Hydrogen’s first year
When Cavendish Hydrogen debuted on the Oslo Stock Exchange last June, the Nel Hydrogen spin-out entered the refuelling market with considerable promise and expectations.
Building on the Norwegian electrolysr company’s longstanding experience, Cavendish began with a “solid starting point with lots of relevant experience and a diverse and strong customer base,” according to Nel CEO, Håkon Volldal.
“I am convinced they can succeed, and I wish them the best of luck,” the CEO said last year.
However, just months later, amid shifting political winds and hydrogen market challenges, Nel was forced to take a 4.85% stake in Cavendish to secure its long-term success.
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