Enapter AG to deliver containerised electrolysers for Europe's largest
renewable energy research project and Canadian Clean Hydrogen Hub

EQS-News: Enapter AG / Key word(s): Miscellaneous/Miscellaneous
Enapter AG to deliver containerised electrolysers for Europe's largest
renewable energy research project and Canadian Clean Hydrogen Hub

11.06.2024 / 09:05 CET/CEST
The issuer is solely responsible for the content of this announcement.

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CORPORATE NEWS

Enapter AG to deliver containerised electrolysers for Europe's largest
renewable energy research project and Canadian Clean Hydrogen Hub

Karlsruher Institut für Technologie (KIT) orders AEM Electrolyser with a
capacity of 500 kW
To be integrated in Energy Lab, Europe's largest research infrastructure
for renewable energy
Additional 0.5 MW AEM Electrolyser order from a Clean Hydrogen Hub in
Canada

Berlin, June 11, 2024. Enapter AG (ISIN: DE000A255G02) has received an order
for an AEM Nexus 500 electrolyser from the prestigious Karlsruher Institut
für Technologie (KIT), which has on several occasions been recognised as one
of the 100 best universities in the world. This containerised AEM
Electrolyser for the production of green hydrogen has a capacity of 500 kW
and will be used as part of Europe's largest research infrastructure project
for renewable energies - 'Energy Lab' in Karlsruhe, Baden-Württemberg. With
this order, Enapter deepens its business relationship with KIT; the
university already became a customer of the electrolyser manufacturer in
2020.

Energy Lab is a KIT project in cooperation with the Helmholtz Centres, the
German Aerospace Centre and the Jülich Research Centre. The project is
jointly researching the intelligent linking of environmentally friendly
energy generation, storage and supply options. In addition, energy systems
of the future are simulated and tested there based on real consumer data.
The aim is to improve the transport, distribution, utilisation and storage
of electricity and thus create the basis for the energy transition. Green
hydrogen produced with the AEM Nexus 500 will be used for various test
scenarios of sector cogeneration, including waste heat projects, and will
supply several pilot plants. The AEM Nexus 500 combines several dozen AEM
electrolysis Stacks to form a complete system that can produce around 225
kilograms of hydrogen per day, with a hydrogen purity of 99.999%. The Energy
Lab is funded by the Federal Ministry of Education and Research (BMBF), the
Federal Ministry for Economic Affairs and Energy (BMWi) and the
Baden-Württemberg Ministry of Science, Research and the Arts (MWK).


Enapter has received another order for an AEM Nexus 500 from Canada. Simon
Fraser University (SFU) in Burnaby, British Columbia, will deploy the AEM
Nexus 500 as part of the "Clean Hydrogen Hub" research project. The hydrogen
produced on site will be made available for industrial companies and
researchers to use. Additionally, the project aims to raise public awareness
about hydrogen, inform on its potential and structures, and reduce
greenhouse gas emissions in British Columbia through hydrogen utilization.
Enapter's integration partner, Ensol Systems, is responsible for the project
implementation. The commissioning of the AEM Nexus 500 at SFU is scheduled
for the fourth quarter of 2025. The Clean Hydrogen Hub research project is
supported with CAD 10 million by the Pacific Economic Development Agency of
Canada, a federal economic development agency for British Columbia under the
Canadian government. Ensol had previously ordered single-core class
electrolysers from Enapter and, after successful practical testing, is now
extending their use to the multi-core class as well.

Jürgen Laakmann, Enapter CEO: "Our electrolysers meet the highest quality
standards and fulfil the diverse requirements of our customers worldwide.
This is the reason why existing customers are now increasingly ordering
large devices in the megawatt range after their initial experience with our
compact EL-class single-core devices: Our AEM Electrolyser technology has
already proven its advantages in practice."

More about the projects:

Energy Lab: https://www.elab2.kit.edu/english/index.php

SFU Clean Hydrogen:
https://www.sfu.ca/research/facilities/sfu-clean-hydrogen-hub

About Enapter

Enapter is an innovative energy technology company that manufactures highly
efficient hydrogen generators - known as electrolysers - to replace fossil
fuels and thus drive the global energy transition. Their patented and proven
Anion Exchange Membrane (AEM) technology enables the series and mass
production of cost-effective plug-&-play electrolysers for green hydrogen
production at any scale and any place. Their modular systems are already
used by more than 340 customers in over 50 countries worldwide, in the
energy, mobility, industrial, heating and telecommunications sectors.
Enapter has its main office in Germany and production site in Italy.
Enapter AG is listed on the regulated market of the Frankfurt and Hamburg
stock exchanges, ISIN: DE000A255G02.

Further Information:

Website: https://www.enapter.com
Twitter: https://twitter.com/Enapter
LinkedIn: https://www.linkedin.com/company/enapter
Facebook: https://www.facebook.com/enapterenergystorage
Instagram: https://www.instagram.com/enapter/

Financial press contact:

Ralf Droz / Doron Kaufmann
edicto GmbH
Tel.: +49 (0) 69 90 55 05-54
E-Mail: enapter@edicto.de


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11.06.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
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The issuer is solely responsible for the content of this announcement.

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   Language:       English
   Company:        Enapter AG
                   Reinhardtstr. 35
                   10117 Berlin
                   Germany
   E-mail:         info@enapterag.de
   Internet:       www.enapterag.de
   ISIN:           DE000A255G02
   WKN:            A255G0
   Listed:         Regulated Market in Frankfurt (General Standard);
                   Regulated Unofficial Market in Berlin, Dusseldorf,
                   Hamburg, Munich, Stuttgart, Tradegate Exchange
   EQS News ID:    1922019

End of News EQS News Service
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1922019 11.06.2024 CET/CEST