Oslo:NEL

Nel ASA: Enters into framework agreement with Wood

OSLO, Norway, April 9, 2021 /PRNewswire/ -- Nel ASA (Nel, OSE:NEL) has entered into a framework agreement with the global consulting and engineering company Wood (LSE: JOHN). The companies will collaborate to develop and execute large scale, complex green renewable hydrogen projects in select reg...

2021-04-09 15:37 3171

Nel ASA: Signs MoU with Haldor Topsoe for delivery of end-to-end green ammonia and methanol solutions

OSLO, Norway, March 25, 2021 /PRNewswire/ -- Nel ASA (Nel, OSE: NEL) has entered into an MoU with Haldor Topsoe with the intent to offer customers end-to-end green ammonia and methanol solutions, based on globally leading technologies from the two companies. "We are very excited to join forces w...

2021-03-25 16:01 2207

Nel ASA: Fourth quarter 2020 financial results

OSLO, Norway, Feb. 18, 2021 /PRNewswire/ -- Nel ASA (Nel) reported revenues of NOK 229.1 million in the fourth quarter of 2020, up from NOK 175.9 million in the same quarter of 2019 and an EBITDA of negativeNOK 96.2 million (Q4 2019: -41.7) incl. one-offs, ramp-up cost and aNOK 20 million provisi...

2021-02-18 14:59 4081

Nel CMD 2021: Launches 1.5 USD/kg target for green renewable hydrogen to outcompete fossil alternatives

OSLO, Norway, Jan. 21, 2021 /PRNewswire/ -- Nel ASA (Nel, OSE: NEL) today hosts the Nel Capital Markets Day 2021, outlining the target of producing green hydrogen atUSD 1.5 per kilo* by 2025, to outcompete fossil alternatives. Cost reductions through scale-up of production to multi-GW scale, grow...

2021-01-21 14:32 4486

Nel ASA: Enters into MoU with Iberdrola to develop large scale green hydrogen project and the hydrogen technology value chain in Spain

OSLO, Norway, Nov. 19, 2020 /PRNewswire/ -- Nel Hydrogen Electrolyser, a division of Nel ASA (Nel, OSE:NEL), has today entered into a Memorandum of Understanding (MoU) with Iberdrola with the ambition to collaborate in the development of a green hydrogen production plant with the capacity of more...

2020-11-19 02:48 2169

Nel ASA: Received purchase order for a 1.5 MW PEM electrolyser in the US

OSLO, Norway, Nov. 18, 2020 /PRNewswire/ -- Nel Hydrogen U.S., the U.S. subsidiary of Nel ASA (Nel, OSE:NEL), has received a purchase order for a 1.5 MW PEM electrolyser from a large industrial client in the US. "We're happy to see that our megawatt-scale PEM platform continues to be the preferr...

2020-11-18 16:34 2069

Nel ASA: Reference is made to stock exchange announcement regarding contract for multiple hydrogen fueling stations

OSLO, Norway, Nov. 12, 2020 /PRNewswire/ -- On 30 June 2020 Nel Hydrogen Fueling, a division of Nel ASA (Nel, OSE:NEL), received a purchase order for multiple H2Station™ units for fueling of light-duty vehicles inCalifornia from Iwatani Corporation of America, a wholly owned subsidiary of Iwatani...

2020-11-12 14:45 3840

Nel ASA: Receives purchase orders for U.S. Navy PEM electrolyser stacks

OSLO, Norway, Nov. 10, 2020 /PRNewswire/ -- Nel Hydrogen U.S., the U.S. subsidiary of Nel ASA (Nel, OSE:NEL), has received purchase orders for PEM electrolyser cell stacks from Raytheon Technologies' Collins Aerospace Division, at a combined value of more thanUSD 5.4 million. Nel's electrolyser ...

2020-11-10 02:07 2659

Nel ASA: Selected by Iberdrola as preferred supplier for a 20 MW green fertilizer project in Spain

OSLO, Norway, Nov. 4, 2020 /PRNewswire/ -- Nel Hydrogen Electrolyser, a division of Nel ASA (Nel, OSE:NEL), has been selected as preferred supplier by Iberdrola for a 20 MW PEM solution for a green fertilizer project inSpain. Contract award is subject to mutual agreement on the final commercial t...

2020-11-04 03:35 9715

Nel signs LoI with Statkraft for a green hydrogen project with up to 50MW of electrolyser capacity

OSLO, Norway, Oct. 30, 2020 /PRNewswire/ -- Nel Hydrogen Electrolyser AS, a subsidiary of ASA(Nel, OSE:NEL) and Statkraft AS (Statkraft) have signed a letter of intent (LoI) for the delivery of 40 - 50 MW of alkaline electrolysers to support green steel production by Celsa Armeringsstål AS (Celsa...

2020-10-30 15:24 4699

Nel ASA: Receives purchase order for a 1.25 MW containerized PEM electrolyser from NREL

OSLO, Norway, Oct. 23, 2020 /PRNewswire/ -- Nel Hydrogen US, a division of Nel ASA (Nel, OSE: NEL), has received a purchase order for a 1.25 megawatt (MW) containerized Proton PEM® electrolyser from the National Renewable Energy Laboratory (NREL) for installation in the ARIES research initiative ...

2020-10-23 05:51 4785

Nel ASA: Receives first H2Station™ order in Poland

OSLO, Norway, Oct. 14, 2020 /PRNewswire/ -- Nel Hydrogen Fueling, a subsidiary of Nel ASA (Nel, OSE:NEL) has received a purchase order fromZE PAK SA (ZE PAK) for H2Station™ hydrogen fueling stations which will be used to fuel passenger vehicles and buses inPoland. "We're excited to enter yet ano...

2020-10-14 17:53 4463

Nel ASA: Receives purchase order for an H2Station™ from Everfuel

OSLO, Norway, Oct. 5, 2020 /PRNewswire/ -- Nel Hydrogen Fueling, a subsidiary of Nel ASA (Nel, OSE: NEL) has received a purchase order from Everfuel Europe A/S (Everfuel) for an H2Station™ hydrogen fueling station which will be used to fuel zero emission hydrogen buses inthe Netherlands. "We are...

2020-10-05 16:57 8000

Nel ASA: Second quarter 2020 financial results

OSLO, Norway, Aug. 26, 2020 /PRNewswire/ -- Nel ASA (Nel) reported revenues of NOK 148.6 million in the second quarter of 2020, up from NOK 122.5 million in the same quarter of 2019 and an adjusted EBITDA of negativeNOK 22.3 million. The order backlog grew 75% to overNOK one billion and the compa...

2020-08-26 13:39 8885

Nel ASA: Receives Purchase Order for Multiple Hydrogen Fueling Stations

OSLO, Norway, June 30, 2020 /PRNewswire/ -- Nel Hydrogen Fueling, a division of Nel ASA(Nel, OSE:NEL) has received a purchase order for multiple H2Station™ units from a large international company. "We are honored that the company has chosen to go for our H2Station™ fueling solution, and we look...

2020-06-30 14:52 5106

Nel ASA: Receives Purchase Order for a 2.5 MW PEM Electrolyser in Europe

OSLO, Norway, June 10, 2020 /PRNewswire/ -- Nel Hydrogen US, a subsidiary of Nel ASA (Nel, OSE:NEL), has received a purchase order for a containerized 2.5 megawatt Proton PEM® electrolyzer from a customer inEurope. "We're proud that our customer decided to go for our Proton PEM® containerized el...

2020-06-10 22:03 5089

Nel ASA: Receives Purchase Orders for Three Additional Hydrogen Fueling Stations in Korea

OSLO, Norway, June 8, 2020 /PRNewswire/ -- Nel Korea Co., Ltd., a subsidiary of Nel ASA(OSE: NEL) has received a purchase order from Hydrogen Energy Network Co., Ltd. (HyNet) for three additional H2Station® hydrogen fueling stations in Korea. "We are happy to receive the purchase orders for thre...

2020-06-08 16:51 2762

Nel ASA: Receives Purchase Order from Nikola

OSLO, Norway, June 4, 2020 /PRNewswire/ -- Nel Hydrogen Inc., a wholly owned subsidiary of Nel ASA (Nel, OSE:NEL), has received a purchase order from Nikola Corporation (Nikola), a global leader in zero-emissions transportation and infrastructure solutions, for 85 megawatt alkaline electrolysers ...

2020-06-04 03:36 5910