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Today, Nel announced its plans to build a new automated gigawatt electrolyser manufacturing facility in Michigan. When fully developed, the facility will employ more than 500 people and be among the largest electrolyser manufacturing plants in the world.
Thursday, the European Commission presented initiatives to increase the speed and scale-up of the renewable hydrogen industry.
Reference made to the press release issued January 6, 2023, regarding a Letter of Intent with HH2E. Nel Hydrogen Electrolyser AS, a subsidiary of Nel ASA (Nel) (OSE:NEL), has now signed a firm contract with HH2E for 120 MW of alkaline electrolyser equipment. The value of the contract is approximately EUR 34 million.
Nel ASA (Nel), (OSE: NEL) has taken the final investment decision to expand the production capacity at its PEM electrolyser manufacturing facility in Wallingford, Connecticut. The expansion will bring annual production capacity towards 500 MW in 2025.
Nel Hydrogen Electrolyser AS, a subsidiary of Nel ASA (Nel) (OSE:NEL), has signed a contract for 40 MW of alkaline electrolyser equipment for about EUR 12 million with HyCC for its H2eron project in Delfzijl, Netherlands. Kraftanlagen Energies & Services has been contracted for the FEED study related to the project.
Hydrogen technology company Nel and Europe's largest supplier of renewable energy, Statkraft, newly signed a contract for delivery of 40 MW of electrolyser equipment, and will thus collaborate to create a strong value chain for production of green hydrogen in Norway.
Nel Hydrogen Electrolyser AS, a subsidiary of Nel ASA (OSE: NEL), has agreed with HH2E for a FEED (Front End Engineering and Design) study and a Letter of Intent for two 60 MW electrolyser plants in Germany. The FEED will commence after a firm purchase order is made, and the parties intend to conclude a contract for electrolyser equipment within the first half of 2023.
Nel Hydrogen Inc., a subsidiary of Nel ASA, (Nel) (OSE:NEL) has signed a Capacity Reservation Agreement (CRA) with an undisclosed US energy company, for the delivery of 16 hydrogen fueling stations to be deployed in the US.
Nel Hydrogen US, a subsidiary of Nel ASA (Nel, OSE: NEL), has entered into a joint development agreement with General Motors (NYSE: GM) to help accelerate the industrialization of Nel's proton exchange membrane (PEM) electrolyzer platform. By combining GM's extensive fuel cell expertise and Nel's deep knowledge of electrolyzers, the two companies are looking to enable more cost competitive sources of renewable hydrogen.
Nel Hydrogen US, a subsidiary of Nel ASA (Nel) (OSE: NEL), has entered into a joint development agreement with General Motors (NYSE: GM) to help accelerate the industrialization of Nel's proton exchange membrane (PEM) electrolyser platform. By combining GM's extensive fuel cell expertise and Nel's deep knowledge of electrolysers, the two companies are looking to enable more cost competitive sources of renewable hydrogen.
Nel Hydrogen Electrolyser AS, a subsidiary of Nel ASA (Nel) (OSE: NEL), has signed a NOK 120 million contract for alkaline electrolyser equipment with a high quality North European energy company. The contract also includes front-end engineering and design (FEED) study related to the deliveries.
OSLO, Norway, October 17, 2022--Nel Hydrogen signed a NOK 600 million contract with Woodside Energy to supply electrolysers for its hydrogen project, H2OK, in Ardmore, OK, USA.
Nel Hydrogen Electrolyser AS, a subsidiary of Nel ASA (Nel, OSE:NEL), has entered into a contract for alkaline electrolyser equipment from Australian company Woodside Energy for its proposed hydrogen project, H2OK, in Ardmore in the state of Oklahoma, US. The contract has a total value of about NOK 600 million.
Myriad new tax credits make the USA one of the world's most promising markets for electrolyser and hydrogen-fuelling technology - and set the country on course to reduce CO2 emissions by 40% compared to 2005 levels.
"This is a fantastic development - and one that completely transforms the outlook for green hydrogen in the USA. Only two weeks ago, Biden's bill looked dead. Now it's alive and kicking, we can say that the USA is going to be one of the cheapest places in the world to produce clean hydrogen," says Håkon Volldal, CEO of Nel.
Nel ASA (Nel, OSE: NEL) Nel has decided to build a new fully automated production line at Herøya in Norway, doubling its capacity for production of alkaline electrolyser stacks to ~1 GW.
Nel Hydrogen A/S, a subsidiary of Nel ASA (Nel, OSE: NEL) has received a purchase order from an undisclosed European client for the delivery of several H2Station™ units for fueling of light- and heavy-duty fuel cell electric vehicles.
Nel Hydrogen Electrolyser AS, a subsidiary of Nel ASA (Nel, OSE:NEL), has received its largest ever purchase order from an undisclosed US customer for 200 MW of alkaline electrolyser equipment for industrial application.
OSLO, Norway, July 13, 2022--Nel has received a purchase order from Viva Energy Australia Pty. Ltd. (Viva Energy) for a MC500 containerized PEM water electrolyser.
OSLO, Norway, July 12, 2022--Nel received an order for an alkaline electrolyser from Skovgaard Energy Aps in Lemvig in Western Jutland, Denmark for production of green ammonia.
Today, Håkon Volldal starts as the new CEO of Nel, while Jon André Løkke enters the company's Board of Directors.