NEL ASA

Energy in Focus: EV, Oil & Solar Among Most Shorted Stocks in November, Finds Hazeltree Shortside Crowdedness Report

Retrieved on: 
Wednesday, December 13, 2023

During the month of November, the electric vehicle sector regained its position at the top, while oil and solar remained steady frontrunners, with multiple stocks among the 10 most shorted in their categories based on their Hazeltree crowdedness score.

Key Points: 
  • During the month of November, the electric vehicle sector regained its position at the top, while oil and solar remained steady frontrunners, with multiple stocks among the 10 most shorted in their categories based on their Hazeltree crowdedness score.
  • In the small-cap category, solar energy company Sunnova Energy was the most crowded security (99).
  • “November’s report shows a continued focus from alternative asset managers on shorting energy stocks in the Americas,” said Stephanie Miller, CEO of Hazeltree.
  • To view Hazeltree’s November Shortside Crowdedness Report and past reports, click here .

Infinity Fuel Cell and Hydrogen, Inc. Announces New Patent

Retrieved on: 
Monday, October 16, 2023

Infinity Fuel Cell and Hydrogen, Inc. announced today it has been awarded a key new patent, US 11,777,114 B2, entitled “Cascading Stack Electrochemical Fuel Cell” covering its core Advanced Product Water Removal fuel cell stack technology.

Key Points: 
  • Infinity Fuel Cell and Hydrogen, Inc. announced today it has been awarded a key new patent, US 11,777,114 B2, entitled “Cascading Stack Electrochemical Fuel Cell” covering its core Advanced Product Water Removal fuel cell stack technology.
  • This patent was invented by current and former Infinity members including John Fayer and Jay LaGrange as well as Infinity Founder and CEO, William Smith, and James McElroy, a longtime associate.
  • Mr. Smith was also a co-founder of Proton Energy Systems, Inc., now a business unit of NEL ASA (OSO:NEL.OL; OTC: NLLSF).
  • About Infinity: Founded in 2002, Infinity Fuel Cell and Hydrogen, Inc. is a market leader in the design and manufacture of air-independent, zero-gravity electrochemical systems including fuel cell systems for space and underwater applications.

Global Green Ammonia Market Analysis Report 2023: Market to grow at a Staggering CAGR of 88% to 2028 - Exploring Green Ammonia's Rise as a Sustainable Energy Solution

Retrieved on: 
Monday, August 21, 2023

DUBLIN, Aug. 21, 2023 /PRNewswire/ --The "Global Green Ammonia Market" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Aug. 21, 2023 /PRNewswire/ --The "Global Green Ammonia Market" report has been added to ResearchAndMarkets.com's offering.
  • The evolving landscape of sustainable energy solutions has led to the rise of green ammonia as a promising alternative in various sectors.
  • With a meticulous analysis of these technologies and their prevailing trends, our report unravels a world of opportunities for forward-looking stakeholders.
  • Our report dedicates special attention to the profiles of leading market players, showcasing their pivotal roles in shaping the green ammonia industry.

Nel ASA: Signs Capacity Reservation Agreement for 16 hydrogen fueling stations

Retrieved on: 
Wednesday, December 21, 2022

OSLO, Norway, Dec. 21, 2022 /PRNewswire/ -- Nel Hydrogen Inc., a subsidiary of Nel ASA, (Nel) (OSE:NEL) has signed a Capacity Reservation Agreement (CRA) with an undisclosed US energy company, for the delivery of 16 hydrogen fueling stations to be deployed in the US.

Key Points: 
  • OSLO, Norway, Dec. 21, 2022 /PRNewswire/ -- Nel Hydrogen Inc., a subsidiary of Nel ASA, (Nel) (OSE:NEL) has signed a Capacity Reservation Agreement (CRA) with an undisclosed US energy company, for the delivery of 16 hydrogen fueling stations to be deployed in the US.
  • In line with the agreement Nel will reserve capacity and start sourcing long-lead items for the fueling stations.
  • "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.
  • Our hydrogen solutions cover the entire value chain from hydrogen production technologies to manufacturing of hydrogen fueling stations, providing all fuel cell electric vehicles with the same fast fueling and long range as conventional vehicles today.

Nel ASA and GM Collaborate on Cost Competitive Renewable Hydrogen Production

Retrieved on: 
Wednesday, November 16, 2022

By combining GM's extensive fuel cell expertise and Nel's deep knowledge of electrolyzers, the two companies are looking to enable more cost competitive sources of renewable hydrogen.

Key Points: 
  • By combining GM's extensive fuel cell expertise and Nel's deep knowledge of electrolyzers, the two companies are looking to enable more cost competitive sources of renewable hydrogen.
  • Electrolysis is key to creating consistent, clean sources of hydrogen to power fuel cells," said Charles Freese, GM executive director, Global HYDROTEC.
  • GM is developing and commercializing both HYDROTEC hydrogen fuel cell and Ultium battery technologies that deliver where it matters most: performance and cost.
  • Nel is a global, dedicated hydrogen company, delivering optimal solutions to produce, store and distribute hydrogen from renewable energy.

Nel ASA: Nel and GM collaborate on cost competitive renewable hydrogen production

Retrieved on: 
Wednesday, November 16, 2022

By combining GM's extensive fuel cell expertise and Nel's deep knowledge of electrolysers, the two companies are looking to enable more cost competitive sources of renewable hydrogen.

Key Points: 
  • By combining GM's extensive fuel cell expertise and Nel's deep knowledge of electrolysers, the two companies are looking to enable more cost competitive sources of renewable hydrogen.
  • Electrolysis is key to creating consistent, clean sources of hydrogen to power fuel cells," said Charles Freese, GM Executive Director, Global HYDROTEC.
  • GM is developing and commercializing both HYDROTEC hydrogen fuel cell and Ultium battery technologies that deliver where it matters most: performance and cost.
  • Nel is a global, dedicated hydrogen company, delivering optimal solutions to produce, store and distribute hydrogen from renewable energy.

Nel ASA: Nel and GM collaborate on cost competitive renewable hydrogen production

Retrieved on: 
Wednesday, November 16, 2022

By combining GM's extensive fuel cell expertise and Nel's deep knowledge of electrolysers, the two companies are looking to enable more cost competitive sources of renewable hydrogen.

Key Points: 
  • By combining GM's extensive fuel cell expertise and Nel's deep knowledge of electrolysers, the two companies are looking to enable more cost competitive sources of renewable hydrogen.
  • Electrolysis is key to creating consistent, clean sources of hydrogen to power fuel cells," said Charles Freese, GM Executive Director, Global HYDROTEC.
  • GM is developing and commercializing both HYDROTEC hydrogen fuel cell and Ultium battery technologies that deliver where it matters most: performance and cost.
  • Nel is a global, dedicated hydrogen company, delivering optimal solutions to produce, store and distribute hydrogen from renewable energy.

Nel ASA: Receives 40 MW electrolyser order from undisclosed North European client

Retrieved on: 
Monday, November 14, 2022

OSLO, Norway, Nov. 14, 2022 /PRNewswire/ -- Nel Hydrogen Electrolyser AS, a subsidiary of Nel ASA (Nel) (OSE: NEL), has signed a NOK 120 million contract for alkaline electrolyser equipment with a high quality North European energy company.

Key Points: 
  • OSLO, Norway, Nov. 14, 2022 /PRNewswire/ -- Nel Hydrogen Electrolyser AS, a subsidiary of Nel ASA (Nel) (OSE: NEL), has signed a NOK 120 million contract for alkaline electrolyser equipment with a high quality North European energy company.
  • This contract is for alkaline electrolyser equipment and related FEED, and includes pass-through mechanisms for steel and nickel price adjustments.
  • Nel is a global, dedicated hydrogen company, delivering optimal solutions to produce, store and distribute hydrogen from renewable energy.
  • Since its origins in 1927, Nel has a proud history of development and continual improvement of hydrogen plants.

Nel ASA: Receives a NOK 600 million purchase order from Woodside Energy

Retrieved on: 
Monday, October 17, 2022

The contract has a total value of about NOK 600 million.

Key Points: 
  • The contract has a total value of about NOK 600 million.
  • Woodside will site the facility in Ardmore, Oklahoma, an area well suited for hydrogen production with good availability of water and energy.
  • Woodside Energy is looking to expand its US footprint and is also working on two proposed hydrogen projects in Australia: H2Perth and H2Tas.
  • The contract with Woodside was signed only a couple of months after Nel received its record size 200 MW purchase order for another large-scale project in the US.

Nel ASA: Receives a NOK 600 million purchase order from Woodside Energy

Retrieved on: 
Monday, October 17, 2022

The contract has a total value of about NOK 600 million.

Key Points: 
  • The contract has a total value of about NOK 600 million.
  • Woodside will site the facility in Ardmore, Oklahoma, an area well suited for hydrogen production with good availability of water and energy.
  • Woodside Energy is looking to expand its US footprint and is also working on two proposed hydrogen projects in Australia: H2Perth and H2Tas.
  • The contract with Woodside was signed only a couple of months after Nel received its record size 200 MW purchase order for another large-scale project in the US.