Close Menu
Energy NewsEnergy News
  • NEWS
    • Breaking News
    • Hydrogen
    • Energy Storage
    • Grid
    • SMR
    • Projects
    • Production
    • Transport
    • Research
  • SPOTLIGHT
    • Interviews
    • Face 2 Face
    • Podcast
    • Webinars
    • Analysis
    • Columnists
    • Reviews
    • Events
  • REGIONAL
    • Africa
    • Americas
    • Asia
    • Europe
    • Middle east
    • Pacific
  • COMMUNITY
  • ABOUT
    • Advisory Board
    • Contact us
    • Report Your News
    • Advertize
    • Subscribe
LinkedIn X (Twitter) YouTube Facebook
Trending
  • Singapore’s Hydrogen-Compatible Cogeneration Plant Highlights Investment Hurdles for Green Molecules
  • Google Backs Kairos Power’s Advanced Nuclear Project in Tennessee to Fuel Data Center Growth
  • Jiangsu Grid Manages Record 155 GW Demand With Balanced Mix of Coal, Renewables, and Transmission Expansion
  • France Activates Its Largest Battery Storage System to Support Grid Stability
  • China Surpasses 100 GW of New Energy Storage as Capacity Growth Accelerates
  • Vattenfall Narrows Nuclear Supplier List as Sweden Eyes First New Reactors in Four Decades
  • Spain’s CIUDEN Puts Sodium-Sulfur Storage to the Test in Hydrogen Integration Project
  • EU Refining Mandates Push Green Hydrogen Toward Commercial Scale
LinkedIn X (Twitter) YouTube Facebook
Energy NewsEnergy News
  • NEWS
    • Breaking News
    • Hydrogen
    • Energy Storage
    • Grid
    • SMR
    • Projects
    • Production
    • Transport
    • Research
  • SPOTLIGHT
    • Interviews
    • Face 2 Face
    • Podcast
    • Webinars
    • Analysis
    • Columnists
    • Reviews
    • Events
  • REGIONAL
    • Africa
    • Americas
    • Asia
    • Europe
    • Middle east
    • Pacific
  • COMMUNITY
  • ABOUT
    • Advisory Board
    • Contact us
    • Report Your News
    • Advertize
    • Subscribe
Energy NewsEnergy News
Home Home - Hydrogen
Nel ASA

SAMSUNG E&A Acquires 9.1% Stake in Nel ASA

Arnes BiogradlijaBy Arnes Biogradlija12/03/20252 Mins Read
Share
LinkedIn Twitter Facebook Email WhatsApp Telegram

SAMSUNG E&A’s acquisition of a 9.1% stake in Norway’s Nel ASA for approximately USD 33 million marks a calculated shift toward dominating the green hydrogen market amid intensifying global decarbonization efforts. With this move, executed on 11 March 2025 and formalized at a high-profile ceremony in Houston, industry leaders signal a commitment to merging financial acumen with technological prowess.

At the Houston event, top executives—including Hong Namkoong, President and CEO of SAMSUNG E&A, and Håkon Volldal, CEO of Nel ASA—outlined the strategic rationale behind the partnership. Nel ASA, a company with a storied history dating back to 1927, has established itself as a leader in hydrogen technology by deploying both alkaline water electrolyser (AWE) and proton exchange membrane (PEM) solutions across global projects. Its dual-platform expertise is set to provide the technical backbone for integrated hydrogen production facilities that SAMSUNG E&A envisions.

Industry analysts underscore that the fusion of SAMSUNG E&A’s extensive project execution capabilities with Nel ASA’s proven technological platforms could mitigate the high capital and technical barriers that have long hindered the widespread adoption of green hydrogen. Electrolyser-based hydrogen production is increasingly critical—not only as a standalone solution but also as a gateway for synthesizing green ammonia, methanol, and e-fuels. In markets driven by stringent environmental regulations and a persistent drive toward decarbonization, such integrated solutions are essential for achieving scale and cost reductions.

The collaboration is strategically framed within SAMSUNG E&A’s broader “E&Aable” framework, which focuses on low-carbon, carbon-free, and environmentally circular initiatives. By proactively securing advanced technologies through equity investments and strategic partnerships, the company aims to attract high value-added EPC orders that further the energy transition while addressing market challenges head on.

Critics of the green hydrogen sector have long pointed to the inherent challenges in scaling electrolyser technologies efficiently. However, the partnership between SAMSUNG E&A and Nel ASA offers a data-driven response to these concerns by leveraging Nel’s extensive project experience and its development of next-generation high-performance electrolyser solutions. This integration of technology and capital is poised to create a more resilient blueprint for future investments in green energy—one that aligns with both market realities and environmental imperatives.

By fusing established expertise with forward-looking strategies, the SAMSUNG E&A–Nel ASA alliance illustrates a pragmatic approach to overcoming the technical and financial hurdles of green hydrogen production, setting a precedent for industry players navigating the evolving energy landscape.

hydrogen
Share. LinkedIn Twitter Facebook Email

Related Posts

Electrolysis Hydrogen

Singapore’s Hydrogen-Compatible Cogeneration Plant Highlights Investment Hurdles for Green Molecules

25/08/2025
Google Backs Kairos Power’s Advanced Nuclear Project in Tennessee to Fuel Data Center Growth

Google Backs Kairos Power’s Advanced Nuclear Project in Tennessee to Fuel Data Center Growth

25/08/2025
Smart Grid

Jiangsu Grid Manages Record 155 GW Demand With Balanced Mix of Coal, Renewables, and Transmission Expansion

25/08/2025
France Activates Its Largest Battery Storage System to Support Grid Stability

France Activates Its Largest Battery Storage System to Support Grid Stability

25/08/2025
energy storage

China Surpasses 100 GW of New Energy Storage as Capacity Growth Accelerates

25/08/2025
Vattenfall Narrows Nuclear Supplier List as Sweden Eyes First New Reactors in Four Decades

Vattenfall Narrows Nuclear Supplier List as Sweden Eyes First New Reactors in Four Decades

22/08/2025
Electrolysis Hydrogen

Singapore’s Hydrogen-Compatible Cogeneration Plant Highlights Investment Hurdles for Green Molecules

25/08/2025
Google Backs Kairos Power’s Advanced Nuclear Project in Tennessee to Fuel Data Center Growth

Google Backs Kairos Power’s Advanced Nuclear Project in Tennessee to Fuel Data Center Growth

25/08/2025
Smart Grid

Jiangsu Grid Manages Record 155 GW Demand With Balanced Mix of Coal, Renewables, and Transmission Expansion

25/08/2025
France Activates Its Largest Battery Storage System to Support Grid Stability

France Activates Its Largest Battery Storage System to Support Grid Stability

25/08/2025

Subscribe to Updates

Get the latest news from the hydrogen market subscribe to our newsletter.

LinkedIn X (Twitter) Facebook YouTube

News

  • Inteviews
  • Webinars
  • Hydrogen
  • Spotlight
  • Regional

Company

  • Advertising
  • Media Kits
  • Contact Info
  • GDPR Policy

Subscriptions

  • Subscribe
  • Newsletters
  • Sponsored News

Subscribe to Updates

Get the latest news from EnergyNewsBiz about hydrogen.

© 2025 EnergyNews.biz
  • Privacy Policy
  • Terms
  • Accessibility

Type above and press Enter to search. Press Esc to cancel.