Nel ASA

Nel ASA: Exploring a spin-off and separate listing of the Fueling division

Retrieved on: 
Wednesday, February 28, 2024

One year ago, when Nel presented its fourth quarter 2022 report, the company stated it was considering strategic actions for its Fueling division.

Key Points: 
  • One year ago, when Nel presented its fourth quarter 2022 report, the company stated it was considering strategic actions for its Fueling division.
  • Nel is now exploring spinning off the Fueling division as a dividend-in-kind to all existing Nel ASA shareholders and applying for listing of the shares in the separate fueling company on an OSE regulated market during 2024.
  • Nel will ensure that the independent fueling company will have a sufficient liquidity runway at the time of listing.
  • If completed, the shares of Nel (comprising its Electrolyser division) will remain listed on the OSE under the ticker "NEL".

Nel ASA: Exploring a spin-off and separate listing of the Fueling division

Retrieved on: 
Wednesday, February 28, 2024

One year ago, when Nel presented its fourth quarter 2022 report, the company stated it was considering strategic actions for its Fueling division.

Key Points: 
  • One year ago, when Nel presented its fourth quarter 2022 report, the company stated it was considering strategic actions for its Fueling division.
  • Nel is now exploring spinning off the Fueling division as a dividend-in-kind to all existing Nel ASA shareholders and applying for listing of the shares in the separate fueling company on an OSE regulated market during 2024.
  • Nel will ensure that the independent fueling company will have a sufficient liquidity runway at the time of listing.
  • If completed, the shares of Nel (comprising its Electrolyser division) will remain listed on the OSE under the ticker "NEL".

Nel ASA: Receives purchase order for 10 MW of electrolyser equipment from Samsung C&T

Retrieved on: 
Friday, January 19, 2024

OSLO, Norway, Jan. 19, 2024 /PRNewswire/ -- Nel Hydrogen Electrolyser AS, a subsidiary of Nel ASA (Nel), (OSE:NEL), has signed a contract for 10 MW of alkaline electrolyser equipment for about EUR 5 million with Samsung C&T Corporation Engineering & Construction Group ('Samsung C&T') for its first off-grid green hydrogen production project to be deployed in South Korea.

Key Points: 
  • OSLO, Norway, Jan. 19, 2024 /PRNewswire/ -- Nel Hydrogen Electrolyser AS, a subsidiary of Nel ASA (Nel), (OSE:NEL), has signed a contract for 10 MW of alkaline electrolyser equipment for about EUR 5 million with Samsung C&T Corporation Engineering & Construction Group ('Samsung C&T') for its first off-grid green hydrogen production project to be deployed in South Korea.
  • Samsung C&T is dedicated to learning and developing within the green hydrogen industry, and we look forward to a productive and fruitful collaboration with the company," says Nel's CEO, Håkon Volldal.
  • Samsung C&T (Construction and Trading) focuses on global engineering, procurement, and construction.
  • The electrodes will be produced in the Herøya facility in Norway, the world's first fully automated electrolyser production line.

Electrolyzers Market worth $57.2 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, December 20, 2023

Based on technology, the Electrolyzers Market has been split into alkaline electrolyzers (AE), proton exchange membrane (PEM), solid oxide electrolyzers (SOE), and anion exchange membrane (AEM).

Key Points: 
  • Based on technology, the Electrolyzers Market has been split into alkaline electrolyzers (AE), proton exchange membrane (PEM), solid oxide electrolyzers (SOE), and anion exchange membrane (AEM).
  • The Electrolyzers Market for alkaline electrolyzers is anticipated to have the biggest market share over the forecast period.
  • As the need for green hydrogen grows, there is a rising emphasis on lowering the cost of electrolyzers.
  • This report segments the Electrolyzers Market based on application into four segments: energy, mobility, industrial, and grid injection.

Electrolyzers Market worth $57.2 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, December 20, 2023

Based on technology, the Electrolyzers Market has been split into alkaline electrolyzers (AE), proton exchange membrane (PEM), solid oxide electrolyzers (SOE), and anion exchange membrane (AEM).

Key Points: 
  • Based on technology, the Electrolyzers Market has been split into alkaline electrolyzers (AE), proton exchange membrane (PEM), solid oxide electrolyzers (SOE), and anion exchange membrane (AEM).
  • The Electrolyzers Market for alkaline electrolyzers is anticipated to have the biggest market share over the forecast period.
  • As the need for green hydrogen grows, there is a rising emphasis on lowering the cost of electrolyzers.
  • This report segments the Electrolyzers Market based on application into four segments: energy, mobility, industrial, and grid injection.

Green Hydrogen Market worth $66,435.4 Million by 2033 - Exclusive Report by We Market Research

Retrieved on: 
Wednesday, November 8, 2023

These advancements have made green hydrogen production more economically viable, with increased capacity and shorter startup times.

Key Points: 
  • These advancements have made green hydrogen production more economically viable, with increased capacity and shorter startup times.
  • Request Your Sample Report for more insights into the Green Hydrogen Market:
    In addition, there are innovations in hydrogen storage and transportation technologies.
  • Overall, technological progress in the green hydrogen market is accelerating the path toward a hydrogen economy.
  • The European Green Deal, along with significant funding commitments, serves as a catalyst for green hydrogen projects and research initiatives.

Green Hydrogen Market worth $66,435.4 Million by 2033 - Exclusive Report by We Market Research

Retrieved on: 
Wednesday, November 8, 2023

These advancements have made green hydrogen production more economically viable, with increased capacity and shorter startup times.

Key Points: 
  • These advancements have made green hydrogen production more economically viable, with increased capacity and shorter startup times.
  • Request Your Sample Report for more insights into the Green Hydrogen Market:
    In addition, there are innovations in hydrogen storage and transportation technologies.
  • Overall, technological progress in the green hydrogen market is accelerating the path toward a hydrogen economy.
  • The European Green Deal, along with significant funding commitments, serves as a catalyst for green hydrogen projects and research initiatives.

Green ammonia market size is set to grow by USD 1,008.31 million from 2022 to 2027 | Europe is estimated to contribute 37% to the growth of the global market- Technavio

Retrieved on: 
Monday, November 6, 2023

NEW YORK, Nov. 6, 2023 /PRNewswire/ -- The global green ammonia market size is estimated to grow by USD 1,008.31 million from 2022 to 2027, according to Technavio.

Key Points: 
  • NEW YORK, Nov. 6, 2023 /PRNewswire/ -- The global green ammonia market size is estimated to grow by USD 1,008.31 million from 2022 to 2027, according to Technavio.
  • By geography, the global green ammonia market is segmented into Europe, North America, APAC, South America, and Middle East and Africa.
  • The report provides actionable insights and estimates the contribution of all regions to the growth of the global green ammonia market.
  • Thus, increasing investment in the market will positively impact the growth of the global green ammonia market during the forecast period.

Global Hydrogen Market Report 2023 with Profiles of Leading Players Linde, Air Liquide, Air Products and Chemicals, Taiyo Nippon Sanson, Messer Group and Nel ASA - ResearchAndMarkets.com

Retrieved on: 
Tuesday, August 8, 2023

The "Global Hydrogen Market (by Production Process, Application & Region): Insights & Forecast (2023-2027)" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Hydrogen Market (by Production Process, Application & Region): Insights & Forecast (2023-2027)" report has been added to ResearchAndMarkets.com's offering.
  • However, the market growth would be challenged by high cost of hydrogen production & transportation, storage of hydrogen and health effects of hydrogen.
  • The report provides a comprehensive analysis of the global hydrogen market segmented on the basis of production process, application and region.
  • The company profiles of leading players (Linde PLC, Air Liquide S.A., Air Products and Chemicals, Inc., Taiyo Nippon Sanso Corporation, Messer Group GmbH and Nel ASA) are also presented in detail.

Nel ASA: Receives purchase order for 40 MW electrolyser equipment from Bondalti

Retrieved on: 
Monday, July 17, 2023

OSLO, Norway, July 17, 2023 /PRNewswire/ -- Nel Hydrogen Electrolyser AS, a subsidiary of Nel ASA (OSE:NEL), has signed a contract for 40 MW of alkaline electrolyser equipment for about EUR 11 million with Bondalti for its first phase of the H2 Enable project in Estarreja, Portugal.

Key Points: 
  • OSLO, Norway, July 17, 2023 /PRNewswire/ -- Nel Hydrogen Electrolyser AS, a subsidiary of Nel ASA (OSE:NEL), has signed a contract for 40 MW of alkaline electrolyser equipment for about EUR 11 million with Bondalti for its first phase of the H2 Enable project in Estarreja, Portugal.
  • Bondalti is the largest company in the Portuguese chemical industry.
  • "Our commitment to decarbonisation is not new, we already incorporate 40% of renewable energy in our operations, and this value will be 100% by 2030.
  • The electrodes will be produced in the Herøya facility in Norway, the world's first fully automated electrolyser production line.