Nel ASA

Nel ASA: Receives purchase order for 20 MW electrolyser equipment from Hyd'Occ

Retrieved on: 
Friday, July 14, 2023
Hydrogen, AREC, EUR, NEL, Nel ASA, Transport, Occitanie, FEED, Renewable energy, Mediterranean Sea, Port-la-Nouvelle

OSLO, Norway, July 14, 2023 /PRNewswire/ -- Nel Hydrogen Electrolyser AS, a subsidiary of Nel ASA (Nel) (OSE:NEL), has signed a contract for 20 MW of alkaline electrolyser equipment for about EUR 9 million with Hyd'Occ for its project in Port-La-Nouvelle, France.

Key Points: 
  • OSLO, Norway, July 14, 2023 /PRNewswire/ -- Nel Hydrogen Electrolyser AS, a subsidiary of Nel ASA (Nel) (OSE:NEL), has signed a contract for 20 MW of alkaline electrolyser equipment for about EUR 9 million with Hyd'Occ for its project in Port-La-Nouvelle, France.
  • The 20 MW electrolyser will supply renewable hydrogen to local industry and transportation in southern France.
  • Port-La-Nouvelle, where the electrolyser will be located, is expected to be a significant hub for hydrogen flows in the Mediterranean.
  • The project holds great potential for Nel being in one of the Mediterranean's future hydrogen hubs," says Hans Hide, Chief Project Officer at Nel.

Nel ASA: Receives additional funding from US Department of Defense, Engineer Research and Development Center- Construction Engineering Research Laboratory (ERDC-CERL)

Retrieved on: 
Monday, July 10, 2023
Hydrogen, United States Department of Defense, PEM, Research and development, Development, CERL, NEL, Research, Nel ASA, Engineer Research and Development Center, ERDC, Renewable energy

Nel Hydrogen US, a subsidiary of Nel ASA (Nel: NEL) (OSE: NEL), has been granted an additional USD 5.6 million in funding from the US Department of Defense (DoD) for accelerating advanced PEM electrolyser stack development, to enable low-cost hydrogen storage and resiliency applications, in collaboration with the Engineer Research and Development Center- Construction Engineering Research Laboratory (ERDC- CERL).

Key Points: 
  • Nel Hydrogen US, a subsidiary of Nel ASA (Nel: NEL) (OSE: NEL), has been granted an additional USD 5.6 million in funding from the US Department of Defense (DoD) for accelerating advanced PEM electrolyser stack development, to enable low-cost hydrogen storage and resiliency applications, in collaboration with the Engineer Research and Development Center- Construction Engineering Research Laboratory (ERDC- CERL).
  • The purpose of the overall program is to accelerate low-cost electrolyser development with the aim to reduce both operating and capital costs.
  • The additional funds will be leveraged for scale up of advanced materials and processes.
  • "We are excited to build on our existing program with ERDC-CERL to advance PEM electrolyzer technology," says Kathy Ayers, Vice President, Research and Development at Nel.

Nel ASA: Receives purchase order for 16 hydrogen fueling stations to California

Retrieved on: 
Thursday, June 29, 2023
Hydrogen, Maintenance, NEL, USD, Nel ASA, Senior, CRA, Airline

Nel Hydrogen Inc., a subsidiary of Nel ASA, (Nel, OSE:NEL) has now received a firm purchase order from the undisclosed US energy company for delivery of 16 hydrogen fueling stations to be deployed in California, US.

Key Points: 
  • Nel Hydrogen Inc., a subsidiary of Nel ASA, (Nel, OSE:NEL) has now received a firm purchase order from the undisclosed US energy company for delivery of 16 hydrogen fueling stations to be deployed in California, US.
  • The total value of the purchase order is about USD 24 million, including the previously announced Capacity Reservation Agreement fee of about USD 7 million.
  • "We look forward to providing our hydrogen fueling equipment to this important client and contributing to the deployment of hydrogen fueling infrastructure in the US", says Robert Borin, Senior Vice President, Nel Fueling Division.
  • In addition, Nel has entered into a framework agreement with the customer covering potential future purchase orders for fueling equipment.

Nel ASA: Receives purchase order for 16 hydrogen fueling stations to California

Retrieved on: 
Thursday, June 29, 2023
Hydrogen, Maintenance, NEL, USD, Nel ASA, Senior, CRA, Airline

Nel Hydrogen Inc., a subsidiary of Nel ASA, (Nel, OSE:NEL) has now received a firm purchase order from the undisclosed US energy company for delivery of 16 hydrogen fueling stations to be deployed in California, US.

Key Points: 
  • Nel Hydrogen Inc., a subsidiary of Nel ASA, (Nel, OSE:NEL) has now received a firm purchase order from the undisclosed US energy company for delivery of 16 hydrogen fueling stations to be deployed in California, US.
  • The total value of the purchase order is about USD 24 million, including the previously announced Capacity Reservation Agreement fee of about USD 7 million.
  • "We look forward to providing our hydrogen fueling equipment to this important client and contributing to the deployment of hydrogen fueling infrastructure in the US", says Robert Borin, Senior Vice President, Nel Fueling Division.
  • In addition, Nel has entered into a framework agreement with the customer covering potential future purchase orders for fueling equipment.

Hydrogen Fueling Station Market worth $1,129 Million by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, March 31, 2023
Hydrogen, Area studies, Component, Linde plc, NEL, Electrolysis, Linde, TNO, EPC, Air Liquide, Nel ASA, Investment, Orangi Pilot Project, Engineering, Air Products, Growth, Transport, TotalEnergies, Natural gas, Coal

Based on supply type, the Hydrogen Fueling Station Market has been split into on-site and off-site.

Key Points: 
  • Based on supply type, the Hydrogen Fueling Station Market has been split into on-site and off-site.
  • This report segments the Hydrogen Fueling Station Market based on components into two segments: engineering, procurement and construction (EPC), and components.
  • Furthermore, rapid adoption of hydrogen powered light duty and heavy-duty vehicles across these countries have accelerated the growth of Hydrogen Fueling Station Market.
  • In April 2019, McPhy Energy S.A. launched the smart "Augmented McFilling" hydrogen fueling station, especially for fueling heavy-duty vehicles.

Hydrogen Fueling Station Market worth $1,129 Million by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, March 31, 2023
Hydrogen, Area studies, Component, Linde plc, NEL, Electrolysis, Linde, TNO, EPC, Air Liquide, Nel ASA, Investment, Orangi Pilot Project, Engineering, Air Products, Growth, Transport, TotalEnergies, Natural gas, Coal

Based on supply type, the Hydrogen Fueling Station Market has been split into on-site and off-site.

Key Points: 
  • Based on supply type, the Hydrogen Fueling Station Market has been split into on-site and off-site.
  • This report segments the Hydrogen Fueling Station Market based on components into two segments: engineering, procurement and construction (EPC), and components.
  • Furthermore, rapid adoption of hydrogen powered light duty and heavy-duty vehicles across these countries have accelerated the growth of Hydrogen Fueling Station Market.
  • In April 2019, McPhy Energy S.A. launched the smart "Augmented McFilling" hydrogen fueling station, especially for fueling heavy-duty vehicles.

Nel ASA: Receives firm purchase order from HH2E for 120 MW of electrolyser equipment

Retrieved on: 
Tuesday, March 14, 2023
Hydrogen, NEL, Letter, Nel ASA, Coal, Renewable energy

OSLO, Norway, March 14, 2023 /PRNewswire/ -- Reference made to the press release issued January 6, 2023, regarding a Letter of Intent with HH2E.

Key Points: 
  • OSLO, Norway, March 14, 2023 /PRNewswire/ -- Reference made to the press release issued January 6, 2023, regarding a Letter of Intent with HH2E.
  • Nel Hydrogen Electrolyser AS, a subsidiary of Nel ASA (Nel) (OSE:NEL), has now signed a firm contract with HH2E for 120 MW of alkaline electrolyser equipment.
  • "These projects are important for the energy transition in Germany and Europe, and we are excited to support HH2E in their efforts to create a greener society," says Håkon Volldal, CEO of Nel.
  • We are convinced on Nel's technology, customer support, and experience," says Andreas Schierenbeck, Co-founder and board member of HH2E.

Global PEM electrolyzer market has been segmented by different end users, among which ammonia production captured around 33.0% of the market as of 2021

Retrieved on: 
Thursday, March 9, 2023
Electrolysis, Methanol, Ammonia, Saint John, NEL, Platinum, Carbon, Growth, ITM Power, Hydrogen, Face, Name, Electrolysis of water, Nel ASA, Benchmarking, PEM, Electricity, Transport, Irving Oil, Wind, Traction, GHG, Research, Renewable energy

In March 2022, Elogen received an order of 1 MW proton exchange membrane (PEM) electrolyzer from Communauté d'Agglomération Pau Béarn Pyrénées.

Key Points: 
  • In March 2022, Elogen received an order of 1 MW proton exchange membrane (PEM) electrolyzer from Communauté d'Agglomération Pau Béarn Pyrénées.
  • Elogen would design and produce this PEM electrolyzer and would deliver it in the first half of 2023 to the Lescar wastewater treatment site.
  • Competitive Strategy: Key players in the global PEM electrolyzer market analyzed and profiled in the study involve PEM electrolyzer manufacturers and the overall ecosystem.
  • The global PEM electrolyzer market has been segmented by different end users, among which ammonia production captured around 33.0% of the market as of 2021.

Green Hydrogen Market to Hit $8,120.8 Million by 2030: Cognitive Market Research

Retrieved on: 
Monday, February 20, 2023
Hydrogen, Proton, Analysis, Indian government response to the COVID-19 pandemic, Siemens Energy, Farm, Siemens Gamesa, Wind, Government, Linde, Nel ASA, USD, NEL, Air Liquide, Climate, PEM, Proton-exchange membrane, Renewable energy, Lithium, Coal, S.A, EU

CHICAGO, Feb. 20, 2023 /PRNewswire/ -- The Global Green Hydrogen Market size is projected to be USD 8,120.8 Million by 2030 growing at a CAGR of 62.6% from 2023 to 2030, as per a recent report by Cognitive Market Research.

Key Points: 
  • CHICAGO, Feb. 20, 2023 /PRNewswire/ -- The Global Green Hydrogen Market size is projected to be USD 8,120.8 Million by 2030 growing at a CAGR of 62.6% from 2023 to 2030, as per a recent report by Cognitive Market Research.
  • Europe is currently dominating the green hydrogen market as the EU opens the door to 'green' nuclear-derived hydrogen.
  • Major findings During the Analysis of Green Hydrogen Industry:
    Alkaline Water Electrolyser Technology is projected to garner significant market share as it is the most matured green hydrogen technology.
  • Moreover, Air Liquide and Siemens Energy formed a joint venture for the European production of large-scale renewable hydrogen electrolyzers
    North American region will grow exponentially with the highest CAGR in the green hydrogen market owing to the rising demand and production of green hydrogen.

Green Hydrogen Market to Hit $8,120.8 Million by 2030: Cognitive Market Research

Retrieved on: 
Monday, February 20, 2023
Hydrogen, Proton, Analysis, Indian government response to the COVID-19 pandemic, Siemens Energy, Farm, Siemens Gamesa, Wind, Government, Linde, Nel ASA, USD, NEL, Air Liquide, Climate, PEM, Proton-exchange membrane, Renewable energy, Lithium, Coal, S.A, EU

CHICAGO, Feb. 20, 2023 /PRNewswire/ -- The Global Green Hydrogen Market size is projected to be USD 8,120.8 Million by 2030 growing at a CAGR of 62.6% from 2023 to 2030, as per a recent report by Cognitive Market Research.

Key Points: 
  • CHICAGO, Feb. 20, 2023 /PRNewswire/ -- The Global Green Hydrogen Market size is projected to be USD 8,120.8 Million by 2030 growing at a CAGR of 62.6% from 2023 to 2030, as per a recent report by Cognitive Market Research.
  • Europe is currently dominating the green hydrogen market as the EU opens the door to 'green' nuclear-derived hydrogen.
  • Major findings During the Analysis of Green Hydrogen Industry:
    Alkaline Water Electrolyser Technology is projected to garner significant market share as it is the most matured green hydrogen technology.
  • Moreover, Air Liquide and Siemens Energy formed a joint venture for the European production of large-scale renewable hydrogen electrolyzers
    North American region will grow exponentially with the highest CAGR in the green hydrogen market owing to the rising demand and production of green hydrogen.