Nel ASA Expands Its Role in the Green Hydrogen Sector
Recently, Nel Hydrogen US, a subsidiary of Nel ASA (OSE: NEL), solidified its commitment to renewable energy by securing a significant purchase order from H2 Energy. This involves the delivery of a containerized 2.5 MW PEM electrolyser system, identified as the MC500. The setup will support the Association for Waste Disposal in Switzerland to facilitate hydrogen production and fueling.
This hydrogen initiative will enable the utilization of locally generated electricity to produce hydrogen for a fleet of waste collection trucks and other industrial applications. This development is crucial for integrating green hydrogen solutions into the regional energy mix, thus promoting sustainable practices in energy and transportation.
Building on a Strong Partnership with H2 Energy
This recent order represents the second MC500 system that H2 Energy has procured from Nel, reinforcing their confidence in Nel's advanced PEM technology. Prior to this, H2 Energy had already commissioned a containerized MC400 and a smaller C30 PEM unit. This order is a testament to Nel's expertise and long-standing reputation in electrolyser manufacturing.
Rolf Huber, the founder and Chairman of H2 Energy, shared insights about their fruitful collaboration with Nel, which began in 2016. He noted that past projects, including the installation of a C30 PEM electrolyser, have led to successful ventures in heavy-duty mobility solutions. Huber mentioned the impressive operational hours accumulated by the MC400 and MC500 electrolyser units, showcasing their efficiency in supporting a network of refueling stations across Switzerland.
Contributing to the Swiss Green Hydrogen Ecosystem
The project for the Association for Waste Disposal is seen as a pivotal step towards enhancing the Swiss Green Hydrogen Ecosystem. With this installation, H2 Energy aims to advance its mission of decarbonizing transport and energy sectors in Switzerland and beyond.
Todd Cartwright, the Chief Commercial Officer at Nel, expressed enthusiasm for supporting H2 Energy and VfA Buchs on this project. He underscored the significance of the enduring relationship between the two companies and highlighted the importance of ensuring high-quality project delivery in the ever-evolving energy landscape.
About Nel ASA
Founded in 1927, Nel ASA has established itself as a prominent player in the hydrogen technology industry, focusing on developing innovative solutions for the production and distribution of renewable hydrogen. The company specializes in manufacturing electrolysers, essential for achieving environmentally friendly hydrogen production. By supporting various sectors including transportation and industrial manufacturing, Nel’s products enable a sustainable hydrogen economy, ushering in significant reductions in carbon emissions across multiple industries.
For further details regarding their projects or collaboration opportunities, you can reach out to Kjell Christian Bjørnsen, CFO, at +47 917 02?097, or Wilhelm Flinder, Head of IR, Communications & Marketing, at +47 936 11 350.
Frequently Asked Questions
What is the focus of Nel ASA's recent purchase order?
The focus of the recent order is to deliver a 2.5 MW PEM electrolyser to support hydrogen production in Switzerland.
Who is the client for this purchase order?
The client for this order is H2 Energy, who collaborates with Nel to build green hydrogen facilities.
How does the project contribute to environmental sustainability?
This initiative aims to decarbonize mobility solutions by utilizing green hydrogen for waste collection trucks and other industrial purposes.
What is Nel ASA known for in the technology sector?
Nel ASA is renowned for its expertise in electrolyser technology and its critical role in advancing the hydrogen economy.
Who can I contact for more information about Nel ASA?
You can contact Kjell Christian Bjørnsen, CFO, or Wilhelm Flinder, Head of IR, Communications & Marketing, for more details.
