Norway-based Nel Hydrogen has announced plans to invest $400 million in setting up an electrolyzer production plant in Michigan, in partnership with General Motors.
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The European Commission presented initiatives to increase the speed and scale-up of the renewable hydrogen industry.
Nel, a Norwegian hydrogen firm, has raised 1.61 billion Norwegian crowns ($154.70 million) through the private placement of 108 million new shares at 14.90 crowns each, or 9% less than the stock’s closing price in Oslo.
Nel has secured two electrolyzer agreements, one in Germany with HH2E and one in Norway with Statkraft, Europe’s largest renewable energy producer.
For its H2eron project in Delfzijl, the Netherlands, Nel Hydrogen Electrolyser and HyCC have agreed on a deal for 40 MW of alkaline electrolyser equipment that will cost about EUR 12 million.
In a partnership between hydrogen technology company Nel and renewable energy provider Statkraft, ambitious plans are being made to establish a green hydrogen value chain in Norway.
SK E&S to showcase hydrogen-powered fuel cell and drone at US expo At an upcoming U.S. tech expo early next…
Nel projects that the installation of a second manufacturing line at Herya would require a total capital commitment for equipment of about €35 million.
Nel ASA has joined a network of Norwegian technology companies with international expansion plans. The Nordic Industry Center network’s goal…
Nel Hydrogen Fueling, a subsidiary of Nel ASA has received two firm purchase orders from a European client for H2Station…
