Nel Hydrogen Electrolyser, a subsidiary of Nel ASA, has secured a contract worth EUR 5 million with Samsung C&T Corporation Engineering & Construction Group. This venture marks Samsung C&T’s foray into off-grid green hydrogen production, signaling a pivotal moment in the company’s commitment to energy transition initiatives.
Samsung C&T, a global player in engineering, procurement, and construction, has strategically aligned with Nel, a key player in the hydrogen industry, to embark on its first off-grid green hydrogen production project in South Korea. This collaboration underscores Samsung C&T’s dedication to advancing within the green hydrogen sector, aligning with global efforts to decarbonize and transition toward cleaner energy alternatives.
The strategic partnership holds the promise of mutually beneficial advancements in the green hydrogen industry.
The EUR 5 million contract constitutes a firm purchase order for alkaline electrolyser equipment, specifically alkaline stacks and balance-of-stacks (BoS). Notably, these crucial components will be produced at Nel’s Herøya facility in Norway, home to the world’s first fully automated electrolyser production line. This cutting-edge production facility underscores Nel’s commitment to technological excellence and efficiency in delivering high-quality electrolyser components.
The off-grid green hydrogen project in South Korea signifies a strategic move towards decentralized and sustainable hydrogen production. As Samsung C&T diversifies its energy transition business, this venture with Nel Hydrogen Electrolyser is poised to make substantial contributions to the broader goals of achieving a cleaner and greener energy landscape.
