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...
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...
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...
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...
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 ...
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...
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...
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...
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...
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...
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...
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...
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...
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 ...
