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...
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...
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...
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: 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...