Hansen, deputy CEO of Everfuel, will take over from Anders Berlelsen for the time being, who is now stepping down to explore other opportunities.

Hansen has more than 20 years of experience as an auditor and advisor for multiple companies in several industries.

Jacob Krogsgaard, CEO of Everfuel, said, “It has been a pleasure working with Anders and I would like to thank him for his dedication and contribution to making Everfuel a leading green hydrogen company in Europe.

“We will now initiate the process of finding Anders’ successor, but in the meantime, we are very pleased to have Martin step in as interim CEO.”

The announcement comes shortly after Everfuel released its Q4 2022 report. The company reported a 650% increase in the fourth quarter compared with the same period in 2021, representing the sale of hydrogen, construction of refuelling facilities in Germany and other operations bringing in €2.6m ($2.8m).

Read more: Everfuel reveals revenue and asset gains in 2022 Q4 report

The Danish-based company did however reveal a negative EDBITDA of €3.2m ($3.45m), which the company claim reflected the “continued ramp-up of activity and organisation during the quarter.”

Everfuel recently partnered with Hy24 to explore a €200m joint venture to accelerate the development of green hydrogen infrastructure in the Nordics.

Read more: Everfuel and Hy24 partner to develop hydrogen projects in the Nordics

Everfuel will own 51% of the joint venture and the Hy24-managed Clean H2 Infra Fund will own 49%, as the two companies plan to finance development of electrolyser capacity across Denmark, Norway and Sweden.

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