Nel ASA: Nel and partners receive about USD 90 million in funding from DoE
OSLO, Norway, March 13, 2024 /PRNewswire/ -- Nel, (OSE:NEL). Today, Nel and its partners received around 90 USD million from the Department of Energy (DoE) for seven research and development projects. Nel is the leading partner on one of the projects. About 10 % of the work under the R&D programs will be undertaken by Nel.
- Today, Nel and its partners received around 90 USD million from the Department of Energy (DoE) for seven research and development projects.
- Nel is the leading partner on one of the projects.
- About 10 % of the work under the R&D programs will be undertaken by Nel.
- DoE has awarded funding to the following projects in which Nel is one of the partners:
Low-Cost, Clean AEM Electrolysis through Transport Property Understanding, Manufacturing Scale-up, and Optimization of Electrodes and Their Interfaces (Nel in lead)
Link to the press release from the Department of Energy: https://www.energy.gov/eere/fuelcells/bipartisan-infrastructure-law-clea... .