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Nel ASA: Awarded EUR 135 million in grants for industrialization of next-generation electrolyser technology in Norway

Tue, 22 Oct 2024 06:37:00 -0500

OSLO, Norway, Oct. 22, 2024 /PRNewswire/ -- Nel Hydrogen Electrolyser AS, a fully owned subsidiary of Nel ASA (Nel) (OSE: NEL), has today been awarded a grant from the EU Innovation Fund of up to EUR 135 million for industrialization of its next-generation pressurized alkaline technology. The technology is currently being prototyped, and the potential industrialization is planned at Herøya, Norway.

"We continue to realize the full potential of our current technology at the same time as we develop future technologies to help our customers drive down the cost of green

Nel ASA: Awarded EUR 135 million in grants for industrialization of next-generation electrolyser technology in Norway

Tue, 22 Oct 2024 06:37:00 -0500

"We continue to realize the full potential of our current technology at the same time as we develop future technologies to help our customers drive down the cost of green

Nel ASA: Awarded EUR 135 million in grants for industrialization of next-generation electrolyser technology in Norway

Tue, 22 Oct 2024 06:37:00 -0500

"We continue to realize the full potential of our current technology at the same time as we develop future technologies to help our customers drive down the cost of green

Nel ASA: Awarded EUR 135 million in grants for industrialization of next-generation electrolyser technology in Norway

Tue, 22 Oct 2024 06:37:00 -0500

"We continue to realize the full potential of our current technology at the same time as we develop future technologies to help our customers drive down the cost of green

Nel ASA: Awarded EUR 135 million in grants for industrialization of next-generation electrolyser technology in Norway

Tue, 22 Oct 2024 06:37:00 -0500

"We continue to realize the full potential of our current technology at the same time as we develop future technologies to help our customers drive down the cost of green

Nel ASA: Awarded EUR 135 million in grants for industrialization of next-generation electrolyser technology in Norway

Tue, 22 Oct 2024 06:37:00 -0500

"We continue to realize the full potential of our current technology at the same time as we develop future technologies to help our customers drive down the cost of green

Nel ASA: Awarded EUR 135 million in grants for industrialization of next-generation electrolyser technology in Norway

Tue, 22 Oct 2024 06:37:00 -0500

"We continue to realize the full potential of our current technology at the same time as we develop future technologies to help our customers drive down the cost of green

Nel ASA: Awarded EUR 135 million in grants for industrialization of next-generation electrolyser technology in Norway

Tue, 22 Oct 2024 06:37:00 -0500

"We continue to realize the full potential of our current technology at the same time as we develop future technologies to help our customers drive down the cost of green

Nel ASA: Third quarter 2024 financial results

Wed, 16 Oct 2024 01:50:00 -0500

OSLO, Norway, Oct. 16, 2024 /PRNewswire/ -- Nel ASA (Nel) (OSE: NEL) reported revenues of NOK 366 million in the third quarter of 2024, up 21% from NOK 303 million in the same quarter last year. EBITDA in the quarter was NOK -90 million (Q3 2023: -62). The Alkaline segment contributed positively to Group EBITDA, but this was more than offset by the negative contribution from the PEM segment due to unusually low revenues in the quarter. Order intake was NOK 161 million (Q3 2023: 338 million). At the end of

Nel ASA: Third quarter 2024 financial results

Wed, 16 Oct 2024 01:50:00 -0500

OSLO, Norway, Oct. 16, 2024 /PRNewswire/ -- Nel ASA (Nel) (OSE: NEL) reported revenues of NOK 366 million in the third quarter of 2024, up 21% from NOK 303 million in the same quarter last year. EBITDA in the quarter was NOK -90 million (Q3 2023: -62). The Alkaline segment contributed positively to Group EBITDA, but this was more than offset by the negative contribution from the PEM segment due to unusually low revenues in the quarter. Order intake was NOK 161 million (Q3 2023: 338 million). At the end of

Nel ASA: Third quarter 2024 financial results

Wed, 16 Oct 2024 01:50:00 -0500

OSLO, Norway, Oct. 16, 2024 /PRNewswire/ -- Nel ASA (Nel) (OSE: NEL) reported revenues of NOK 366 million in the third quarter of 2024, up 21% from NOK 303 million in the same quarter last year. EBITDA in the quarter was NOK -90 million (Q3 2023: -62). The Alkaline segment contributed positively to Group EBITDA, but this was more than offset by the negative contribution from the PEM segment due to unusually low revenues in the quarter. Order intake was NOK 161 million (Q3 2023: 338 million). At the end of

Nel ASA: Third quarter 2024 financial results

Wed, 16 Oct 2024 01:50:00 -0500

OSLO, Norway, Oct. 16, 2024 /PRNewswire/ -- Nel ASA (Nel) (OSE: NEL) reported revenues of NOK 366 million in the third quarter of 2024, up 21% from NOK 303 million in the same quarter last year. EBITDA in the quarter was NOK -90 million (Q3 2023: -62). The Alkaline segment contributed positively to Group EBITDA, but this was more than offset by the negative contribution from the PEM segment due to unusually low revenues in the quarter. Order intake was NOK 161 million (Q3 2023: 338 million). At the end of

Nel ASA: Third quarter 2024 financial results

Wed, 16 Oct 2024 01:50:00 -0500

OSLO, Norway, Oct. 16, 2024 /PRNewswire/ -- Nel ASA (Nel) (OSE: NEL) reported revenues of NOK 366 million in the third quarter of 2024, up 21% from NOK 303 million in the same quarter last year. EBITDA in the quarter was NOK -90 million (Q3 2023: -62). The Alkaline segment contributed positively to Group EBITDA, but this was more than offset by the negative contribution from the PEM segment due to unusually low revenues in the quarter. Order intake was NOK 161 million (Q3 2023: 338 million). At the end of

Nel ASA: Third quarter 2024 financial results

Wed, 16 Oct 2024 01:50:00 -0500

OSLO, Norway, Oct. 16, 2024 /PRNewswire/ -- Nel ASA (Nel) (OSE: NEL) reported revenues of NOK 366 million in the third quarter of 2024, up 21% from NOK 303 million in the same quarter last year. EBITDA in the quarter was NOK -90 million (Q3 2023: -62). The Alkaline segment contributed positively to Group EBITDA, but this was more than offset by the negative contribution from the PEM segment due to unusually low revenues in the quarter. Order intake was NOK 161 million (Q3 2023: 338 million). At the end of

Nel ASA: Third quarter 2024 financial results

Wed, 16 Oct 2024 01:50:00 -0500

OSLO, Norway, Oct. 16, 2024 /PRNewswire/ -- Nel ASA (Nel) (OSE: NEL) reported revenues of NOK 366 million in the third quarter of 2024, up 21% from NOK 303 million in the same quarter last year. EBITDA in the quarter was NOK -90 million (Q3 2023: -62). The Alkaline segment contributed positively to Group EBITDA, but this was more than offset by the negative contribution from the PEM segment due to unusually low revenues in the quarter. Order intake was NOK 161 million (Q3 2023: 338 million). At the end of

Nel ASA: Third quarter 2024 financial results

Wed, 16 Oct 2024 01:50:00 -0500

OSLO, Norway, Oct. 16, 2024 /PRNewswire/ -- Nel ASA (Nel) (OSE: NEL) reported revenues of NOK 366 million in the third quarter of 2024, up 21% from NOK 303 million in the same quarter last year. EBITDA in the quarter was NOK -90 million (Q3 2023: -62). The Alkaline segment contributed positively to Group EBITDA, but this was more than offset by the negative contribution from the PEM segment due to unusually low revenues in the quarter. Order intake was NOK 161 million (Q3 2023: 338 million). At the end of

Nel ASA: Saipem presents solution for large-scale green hydrogen production, utilizing Nel's technology

Wed, 02 Oct 2024 04:06:00 -0500

OSLO, Norway, Oct. 2, 2024 /PRNewswire/ -- Nel ASA's (Nel) (OSE: NEL) EPC partner Saipem unveils IVHY™ 100, a scalable and modular 100 MW green hydrogen solution leveraging Nel's technology, advancing the decarbonization of hard-to-abate industries and renewable hydrogen production.

The innovative renewable hydrogen generation solution has been designed and industrialized to be scalable, modular, and to facilitate the installation and commissioning of large-scale systems. IVHY™ 100 is powered by Nel's alkaline electrolysers, which have been tested in the market for decades, demonstrating world-class robustness, durability, and energy efficiency, making it the ideal choice

Nel ASA: Saipem presents solution for large-scale green hydrogen production, utilizing Nel's technology

Wed, 02 Oct 2024 04:06:00 -0500

OSLO, Norway, Oct. 2, 2024 /PRNewswire/ -- Nel ASA's (Nel) (OSE: NEL) EPC partner Saipem unveils IVHY™ 100, a scalable and modular 100 MW green hydrogen solution leveraging Nel's technology, advancing the decarbonization of hard-to-abate industries and renewable hydrogen production.

The innovative renewable hydrogen generation solution has been designed and industrialized to be scalable, modular, and to facilitate the installation and commissioning of large-scale systems. IVHY™ 100 is powered by Nel's alkaline electrolysers, which have been tested in the market for decades, demonstrating world-class robustness, durability, and energy efficiency, making it the ideal choice

Nel ASA: Saipem presents solution for large-scale green hydrogen production, utilizing Nel's technology

Wed, 02 Oct 2024 04:06:00 -0500

OSLO, Norway, Oct. 2, 2024 /PRNewswire/ -- Nel ASA's (Nel) (OSE: NEL) EPC partner Saipem unveils IVHY™ 100, a scalable and modular 100 MW green hydrogen solution leveraging Nel's technology, advancing the decarbonization of hard-to-abate industries and renewable hydrogen production.

The innovative renewable hydrogen generation solution has been designed and industrialized to be scalable, modular, and to facilitate the installation and commissioning of large-scale systems. IVHY™ 100 is powered by Nel's alkaline electrolysers, which have been tested in the market for decades, demonstrating world-class robustness, durability, and energy efficiency, making it the ideal choice

Nel ASA: Saipem presents solution for large-scale green hydrogen production, utilizing Nel's technology

Wed, 02 Oct 2024 04:06:00 -0500

OSLO, Norway, Oct. 2, 2024 /PRNewswire/ -- Nel ASA's (Nel) (OSE: NEL) EPC partner Saipem unveils IVHY™ 100, a scalable and modular 100 MW green hydrogen solution leveraging Nel's technology, advancing the decarbonization of hard-to-abate industries and renewable hydrogen production.

The innovative renewable hydrogen generation solution has been designed and industrialized to be scalable, modular, and to facilitate the installation and commissioning of large-scale systems. IVHY™ 100 is powered by Nel's alkaline electrolysers, which have been tested in the market for decades, demonstrating world-class robustness, durability, and energy efficiency, making it the ideal choice

Nel ASA: Saipem presents solution for large-scale green hydrogen production, utilizing Nel's technology

Wed, 02 Oct 2024 04:06:00 -0500

OSLO, Norway, Oct. 2, 2024 /PRNewswire/ -- Nel ASA's (Nel) (OSE: NEL) EPC partner Saipem unveils IVHY™ 100, a scalable and modular 100 MW green hydrogen solution leveraging Nel's technology, advancing the decarbonization of hard-to-abate industries and renewable hydrogen production.

The innovative renewable hydrogen generation solution has been designed and industrialized to be scalable, modular, and to facilitate the installation and commissioning of large-scale systems. IVHY™ 100 is powered by Nel's alkaline electrolysers, which have been tested in the market for decades, demonstrating world-class robustness, durability, and energy efficiency, making it the ideal choice

Nel ASA: Saipem presents solution for large-scale green hydrogen production, utilizing Nel's technology

Wed, 02 Oct 2024 04:06:00 -0500

OSLO, Norway, Oct. 2, 2024 /PRNewswire/ -- Nel ASA's (Nel) (OSE: NEL) EPC partner Saipem unveils IVHY™ 100, a scalable and modular 100 MW green hydrogen solution leveraging Nel's technology, advancing the decarbonization of hard-to-abate industries and renewable hydrogen production.

The innovative renewable hydrogen generation solution has been designed and industrialized to be scalable, modular, and to facilitate the installation and commissioning of large-scale systems. IVHY™ 100 is powered by Nel's alkaline electrolysers, which have been tested in the market for decades, demonstrating world-class robustness, durability, and energy efficiency, making it the ideal choice

Nel ASA: Saipem presents solution for large-scale green hydrogen production, utilizing Nel's technology

Wed, 02 Oct 2024 04:06:00 -0500

OSLO, Norway, Oct. 2, 2024 /PRNewswire/ -- Nel ASA's (Nel) (OSE: NEL) EPC partner Saipem unveils IVHY™ 100, a scalable and modular 100 MW green hydrogen solution leveraging Nel's technology, advancing the decarbonization of hard-to-abate industries and renewable hydrogen production.

The innovative renewable hydrogen generation solution has been designed and industrialized to be scalable, modular, and to facilitate the installation and commissioning of large-scale systems. IVHY™ 100 is powered by Nel's alkaline electrolysers, which have been tested in the market for decades, demonstrating world-class robustness, durability, and energy efficiency, making it the ideal choice

Nel ASA: Saipem presents solution for large-scale green hydrogen production, utilizing Nel's technology

Wed, 02 Oct 2024 04:06:00 -0500

OSLO, Norway, Oct. 2, 2024 /PRNewswire/ -- Nel ASA's (Nel) (OSE: NEL) EPC partner Saipem unveils IVHY™ 100, a scalable and modular 100 MW green hydrogen solution leveraging Nel's technology, advancing the decarbonization of hard-to-abate industries and renewable hydrogen production.

The innovative renewable hydrogen generation solution has been designed and industrialized to be scalable, modular, and to facilitate the installation and commissioning of large-scale systems. IVHY™ 100 is powered by Nel's alkaline electrolysers, which have been tested in the market for decades, demonstrating world-class robustness, durability, and energy efficiency, making it the ideal choice

Nel ASA: A fully dedicated electrolyser company

Wed, 12 Jun 2024 03:36:00 -0500

OSLO, Norway, June 12, 2024 /PRNewswire/ -- Nel ASA (Nel) (OSE: NEL). As of today, Nel is solely dedicated to developing and delivering world-class electrolysers to produce renewable hydrogen.

"Nel has almost a century of experience developing electrolysers and has installed thousands of systems around the world. Building on our unparalleled track record, we will, from now on, spend one hundred percent of our capacity and hydrogen know-how on developing and delivering the most reliable and energy-efficient electrolysers," says Nel's CEO, Håkon Volldal.

Nel's CEO says this on the same day Nel's former