Nel has secured two electrolyzer agreements, one in Germany with HH2E and one in Norway with Statkraft, Europe’s largest renewable energy producer.
Nel Hydrogen Electrolyser has agreed to a FEED (Front End Engineering and Design) study and a Letter of Intent for two 60 MW electrolyzer facilities in Germany with HH2E. The FEED will begin after a definite purchase order is received, and the parties expect to sign a contract for electrolyzer equipment in the first half of 2023.
The two 60 MW plants announced by HH2E will be among the largest green hydrogen production plants in Europe to date. These facilities are in their initial stages and have the potential to be greatly enlarged. Hydrogen will be used for industrial purposes, transportation, and heating. HH2E intends to build 4 GW of electrolyzer capacity in Germany by 2030.
Additionally, Nel and Statkraft inked a deal for the delivery of 40 MW of electrolyzer equipment, establishing a strong value chain for the generation of green hydrogen in Norway.
Statkraft recently made an order with Nel for 40 MW of alkaline electrolyzer equipment. The electrolyser stacks will be manufactured at Nel’s Heroya factory and used to produce renewable hydrogen in one of Statkraft’s many hydrogen projects.
German delegation in Norway
Both announcements coincided with German Vice Chancellor Robert Habeck’s visit to Nel’s completely automated electrolyser manufacturing factory in Heroya, Norway. Jan Christian Vestre, the Norwegian Minister of Commerce and Industry, will join the delegation, as will Terje Lien Aasland, the Norwegian Minister of Petroleum and Energy.