Nel hydrogen ceo. It was a With more than 3,500 reliable, cost efficient electrolysers installed around the globe, Nel Hydrogen is the recognized industry leader of Alkaline and PEM water electrolysis. The International Journal of Hydrogen Energy aims to provide a central vehicle for the exchange and dissemination of new ideas, technology developments and research results in the field of Hydrogen Energy between scientists and engineers throughout the world. Press release “We are determined that we will contribute towards making Norway a leading producer Jon André Løkke, CEO in Nel and Tove Andersen, EVP Production in Yara signing the collaboration agreement. ” Nel CEO – Biden spending plans set to put USA in lead for clean hydrogen, US to be among cheapest places to produce clean hydrogen. The costs have been dramatically improved in recent years alongside the evergrowing renewable energy assets operating in developed economies, its scale is actively being ramped up today, and there is now little doubt over the overwhelmingly Letter from the CEO Nel ASA I Annual report 2019 5. Nel Hydrofen CEO Håkon Volldal (left) meets with Governor Gretchen Whitmer. “Everfuel’s ambition is to commercialize the green hydrogen value chain to support Europe’s goal of becoming carbon neutral. NEL ASA •Established by Norsk Hydro in 1927 •First dedicated hydrogen company on the OSE* (NEL. OSLO, Norway, Oct. 90 crowns per share, a Nel is a global, dedicated hydrogen company, delivering optimal solutions to produce, store and distribute hydrogen from renewable energy. Plant can be rapidly scaled up to 2GW, with manufacturer targeting 10GW of annual production by 2025. Whilst Nel’s corporate headquarters is in Oslo, Norway, the company manufacturers its alkaline electrolysers in Notodden, Norway, its PEM (proton exchange membrane) (May 21, 2024 - Oslo, Norway) Nel Hydrogen Electrolyser AS, a fully owned subsidiary of Nel ASA (Nel, OSE:NEL) has entered into a technology licensing agreement with Reliance Industries Limited this agreement get a revenue stream from a rapidly growing market Nel could not have accessed on its own,” says Nel’s President and CEO, Nel Hydrogen has outlined a road map to reach commercial production of green hydrogen -- produced by electrolyzing water -- at costs of below $1. Hy Stor Energy has made a capacity reservation of more than 1GW with the Norwegian manufacturer for its Mississippi Clean Hydrogen – Today, Governor Gretchen Whitmer announced that Norwegian hydrogen company Nel Hydrogen is establishing an automated gigawatt electrolyzer manufacturing facility in Michigan. “Håkon has achieved remarkable results in his previous positions. Gretchen Whitmer says Håkon Volldal, CEO Nel Hydrogen and Gretchen Whitmer, Governor of Michigan. Nel’s CEO says this on the same day Nel’s former Fueling division was spun out and listed on the Oslo Stock Exchange as Cavendish Hydrogen. Nel Asa has been manufacturing electrolysers since the 1940’s, with extensive deployments across the world in both PEM an On February 2, 2024, Nel realigned its relationship with Nikola and will support Fortescue on its 80 MW Phoenix hydrogen hub, for a total consideration of about USD 20 million “Nel generated close to 1. Nel Hydrogen Electrolyser is the world’s largest electrolyser manufacturer, offering alkaline and PEM (proton exchange membrane) • Nel appointed Håkon Volldal as new Chief Executive Officer from July 1, 2022. (Oslo, 3 May 2021) Nel Hydrogen Electrolyser, a division of Nel ASA (Nel, OSE:NEL), has entered a collaboration with leading solar company First Solar, Inc. If you have not already done so, you should subscribe to receive Nel press With more than 3,500 reliable, cost efficient electrolysers installed around the globe, Nel Hydrogen is the recognized industry leader of Alkaline and Proton Exchange Membrane (PEM) water electrolysis. Jacob Krogsgaard serves as CEO of Everfuel and has previously worked more than four years as Senior Vice President of Nel Hydrogen Solutions. Using other expensive. 05. Håkon Volldal, CEO of Nel, said: This is a fantastic development – and one that completely transforms the outlook for green hydrogen in the USA. 4 kWh/Nm3 of hydrogen gas produced. “Earlier this year, I went on an economic mission to Europe to show the world what Michigan has to offer, and as a result of our efforts on the trip, we secured an investment from Nel to continue building on our Kathy Ayers, VP Research and Development Nel Hydrogen. Håkon Volldal, Nel Hydrogen CEO and President, said: I don’t want to give up on Europe. A new hydrogen production plant, featuring a second electrolyser from Nel, has been installed at Glencore Nickel’s facility in Kristiansand. Nel Hydrogen has outlined a road map to reach commercial production of green hydrogen -- produced by electrolyzing water -- at costs of below $1. (April 17, 2024 - Oslo, Norway) Nel ASA (Nel, OSE:NEL) reported revenues of NOK 387 million in the first quarter of 2024, up 14 % from NOK 341 million in the same quarter of 2023. Today, our New Delhi: Reliance Industries Ltd has signed an agreement with Norway's Nel ASA for sourcing technology to make electrolysers for production of green hydrogen as part of billionaire Mukesh Ambani's pivots toward green energy. Gov. 38 million tonnes per year (mtpa) by 2030. H2scan Names David Meyers President and Chief Executive Officer. ” Håkon Volldal, President & CEO of Nel, adds, “We are proud that Saipem, a world-leading Engineering Procurement and Construction company, has selected Nel On this page you will find Nel’s quarterly reports and executive presentations, which provide a comprehensive overview of our business activities, milestones, and strategic outlook. Hy Stor Energy has made a capacity reservation of more than 1GW with the Norwegian manufacturer for its Mississippi Clean Nel Hydrogen is the recognized global industry leader in Alkaline and PEM water electrolysis. 9995% at up to 1. The manufacturing facility’s annual production capacity is going from 50 to 500 MW, and it is also going from manual to automatic production. Håkon Volldal has been named as the new CEO of dedicated hydrogen company Nel as it looks continues to execute its growth and expansion plans. Agnete Klevstrand; Constantine Levoyannis, head of EU affairs, told Hydrogen Insight that Nel was the only alkaline electrolyser manufacturer running a fully automated factory, which currently has an annual capacity of 500MW, Solar Foods, a Finnish startup, has developed a groundbreaking method for producing food using hydrogen from Nel’s electrolyser equipment. The green hydrogen plant will be built in phases, and depending on the level of automation, Volldal expects the plant will create more than 500 jobs in Michigan, with Nel is a global, dedicated hydrogen company, delivering optimal solutions to produce, store and distribute hydrogen from renewable energy. Other executives include Anders Soreng, CTO; Esa Laukkanen, COO and 11 others. NEL completed several successful equity offerings and ended the year with a cash balance of NOK (July 18 – 2023, Oslo, Norway) Nel ASA (Nel, OSE:NEL) reported record-high quarterly revenues of NOK 475 million in the second quarter of 2023, up 159% from NOK 183 million in the same quarter of 2022. Nel ASA: Håkon Volldal starts as new CEO of Nel today, Oslo, July 1 2022. Hydrogen production The hydrogen required to satisfy the needs of industrial processes is increasing. The firm deal is valued at over EUR 45 million (USD 45. " Nel Hydrogens innlegg Nel Hydrogen 84,250 følgere 1å Rapporter dette innlegget We just hosted the 13th Annex30 Electrolysis Workshop for the International Energy Agency at our facility in Wallingford, CT, USA on October 17-19. Cloud buys Nel electrolyser for President & CEO at Nel ASA · ~20 years of leadership experience from globally leading technology companies - all with a strong purpose linked to decarbonization. Currently, Nel’s employees in Wallingford are in the middle of a very exciting transition process. (July 17, 2024 - Oslo, Norway) Following the spin-off of its fueling division, Nel ASA (Nel, OSE: NEL) reported revenues from continuing operations of NOK 332 million in the second quarter of 2024, down 10 % YoY from NOK 371 million for the corresponding divisions. The contract Nel lined up as 1GW-plus electrolyser supplier for largest off-grid green hydrogen project in US. Kraftanlagen Energies & Services has been contracted for the FEED study related to the project. If you are interested in receiving the latest product literature from Nel transition,” Nel’s President and CEO, Håkon Volldal said. The unique modular design makes it as easy to build as with Lego® bricks. As of today, Nel is solely dedicated to developing and delivering world-class electrolysers to produce renewable hydrogen The CEOs of the Renewable Hydrogen Coalition. Robert Borin, Nel's current senior vice-president of fuelling, is to become CEO of Cavendish Hydrogen. a Nel partner – the state of Michigan offers a number of attractive benefits, according to Nel Hydrogen CEO Håkon Volldal. Nel Hydrogen announces new CEO; Nel Hydrogen announces new CEO. Since our founding in 1927, sustained R&D efforts have contributed to continual improvement of electrolyser technology, (Oslo, 13 September 2022) Nel Hydrogen US, a subsidiary of Nel ASA (Nel, OSE:NEL), has received a contract for a containerized PEM electrolyser from LanzaJet, a leading developer of biofuel technology officer (CEO) of NEL and Lars Christian Stugaard as chief financial officer (CEO). " Says Nel Hydrogen CEO and President Håkon Volldal. 90 crowns per share, a HyCC contracted Kraftanlagen Energies & Services for the basic design and engineering (FEED) of the plant and placed an order with Nel for the supply of the electrolysis stacks. . They provide fast response times and production flexibility. Bjørnsen has served as Chief Financial Officer of the Kavli Group since 2014 and has been appointed Chief Financial Officer of Nel from 1 March 2020. (NASDAQ:FSLR), Chief Executive Officer, Nel. It will be one of the How satisfied are employees working at Nel Hydrogen? 70% of Nel Hydrogen employees would recommend working there to a friend based on Glassdoor reviews. About Nel Hydrogen. The agreement provides RIL with an exclusive license for Nel’s alkaline electrolysers in India and also allows RIL to manufacture Nel’s alkaline electrolysers for captive purposes globally. The company is a frontrunner in technology development, Robert Borin wird die Funktion des CEO und Marcus Halland die des CFO von Cavendish Hydrogen übernehmen. and Proton OnSite) – acquired by Nel in 2017 – originated in 1996 with the idea that PEM technologies could be applied for commercial hydrogen generation in Nel Hydrogen, a Norway-based green hydrogen company, recently announced plans to construct a huge new plant in the Detroit area that is. ” says Jon CEO With NEL Hydrogen since 2005 Long experience from employment in NEL, with previous positions as Lead Automation Engineer and Director Operations (BI) BSc in System Engineering from Buskerud University College Erik Evju Director, Finance Bjørn Simonsen Director Market development and public relations With NEL Hydrogen from September 2014 Experience with Håkon Volldal, Nel’s President and CEO, said: The signing of this agreement is a great milestone in Nel’s history. Hereon, the amorphous CeO x support introduced to construct Cu/a-CeO x heterostructure is prepared to provide sufficient *H Nel Hydrogen Proton PEM water electrolysers are designed to meet the specific needs of high purity industrial applications. (MOVE. Speaking to Asharq Al-Awsat, Al-Ghamdi revealed that his company received initial supplies and is now So you know that green hydrogen is the ultimate shade of this clean fuel that can truly and deeply decarbonise industry and society. With its dynamic business environment and access to world-class research and development facilities, our office at Skøyen attracts ambitious and high performing employees. 2024 ‧ Michel Doepke Nel: "Von Namen wie Tesla oder Ørsted inspirieren lassen" – Cavendish Hydrogen soll an die Börse- % “Demand for green hydrogen is growing extremely fast and we are glad to see the willingness from the European Commission to help us meet our common goals for green hydrogen production and the upscaling of electrolyser manufacturing capacities”, says CEO of Nel, Jon André Løkke. The project is expected to generate a total capital investment of up to $400 million and create more than 500 good-paying clean energy manufacturing jobs that build on After a brief break over August the EAH team are back with a brand new season! On this week's episode, they are excited to welcome Håkon Volldal, the CEO of Nel, to the show. The plant, which will be one of the largest in the world, will use automated technology to produce both alkaline and PEM machines. “We are thrilled to partner with Hy Stor Energy on the Mississippi Clean Hydrogen Hub. Moreover, EBITDA improved by more than 300 million NOK year-on-year, and the net loss was significantly With presentations from Nel management and external guests, this was quite the event!Check out the programme below for more details, and be sure to take a look at the recording if you weren’t able to join us on the day. Agnete Klevstrand; Constantine Levoyannis, head of EU affairs, told Hydrogen Insight that Nel was the only alkaline electrolyser manufacturer running a fully automated factory, which currently has an annual capacity of 500MW, On-Site Hydrogen Generation: A Viable Option for Reducing Atmospheres in Heat Treating. See the full leadership team at Craft. Chief Executive Officer recently sold kr13m worth of stock Feb 22. We have our roots from the hydrogen activities of Norsk Hydro methanol, and sustainable fuels. Among these benefits include financial incentives, university Nel ASA: Saipem presents solution for large-scale green hydrogen production, utilizing Nel’s technology 2nd October 2024 The City of St. “The signing of this At Nel, we have just been through a very successful process of recruiting a head of EU affairs to strengthen our resources when it comes to international cooperation. Chief Green Hydrogen Officer. I was appointed CEO from 4 January 2016, and I am excited to be a part of the NEL team. Norwegian hydrogen company Nel late on Monday said it had raised 1. Jørn joined Nel with the acquisition of H2 Logic, where he was COO. Learn more. Over the past year, Nel has assessed a wide range of states for the location of its new manufacturing facility, and the company has now concluded that Michigan is the best option. Advertisement. in/d Nel Hydrogen, a Norway-based green hydrogen company, recently announced plans to construct a huge new plant in the Detroit area that is. Håkon Volldal, CEO and President of Nel Hydrogen, will be speaking at the Renewable Hydrogen Summit on 7 November! As Vice-chair of the Renewable Hydrogen Coalition, Electrolyser maker Nel has secured up to €135m ($146m) in grants from the EU Innovation Fund to build out manufacturing capacity for its new pressurised alkaline Norwegian hydrogen solutions company Nel ASA (OSE:NEL) has a new chief executive officer as of today, namely Hakon Volldal, who is replacing Jon Andre Lokke in that The Renewable Hydrogen Coalition (RHC) recently sat down with his newly elected Vice-Chair Håkon Volldal, President and CEO at Nel Hydrogen to discuss burning Explore Nel's CEO Håkon Volldal's pivotal role in expanding electrolyser manufacturing, emphasizing growth in the USA. Polly Martin; Senior Reporter. 375 posts. My motivation working for Nel is to contribute with developing hydrogen technology so that future generations will be able to live in a world without extreme weather conditions and constant fear. Mr Volldal joins Nel from his current position as CEO of Q-Free ASA and brings vast experience also from McKinsey & Company and various executive positions in Tomra Systems. Order intake was NOK 459 million, down 2% from NOK 467 million the previous year. The Nel Hydrogen Fueling segment manufactures hydrogen fueling stations for fuel cell electric vehicles, such as cars, buses Q2 2023 Earnings Call Transcript July 18, 2023 2:00 AM ET Company Participants Hakon Volldal - Chief Executive Officer Wilhelm Flinder - Head of Investor Relations Kjell Bjornsen 1 year ago - Seeking The governor was joined for the announcement at the 2023 SelectUSA Investment Summit in Maryland with Nel CEO Håkon Volldal, U. Nel is committed to offer market leading equipment for water electrolysis. [1] Nel is a global company providing solutions [buzzword] for the production, storage and distribution of hydrogen from Norwegian electrolyser manufacturer Nel has lost out on a massive order for its alkaline models, after a hydrogen start-up that claims to be building the largest off-grid H 2 Resize. 6 million. Message. “Moving things from the lab into an automated The PSM is a proton exchange membrane (PEM) based water electrolyser module that integrates eight 1. (Oslo, 30 December 2020) Nel ASA (OSE:NEL) has been awarded a 20 MW electrolyser contract with Everfuel A/S (Everfuel) for the green hydrogen production facility adjacent to the Fredericia refinery in Denmark. Nel Hydrogen US (formerly known as Proton Energy Systems, Inc. Nel Hydrogen Herøya factory tour Facebook Twitter Linkedin Join our former CEO and now board member, Jon André Løkke, and our Plant Director at Herøya, Ragnar Johnsson, as they take you on a tour of the world’s very first fully automated electrode manufacturing facility! A Series alkaline electrolyser – hydrogen production 150-3,880 Nm3/h – cell stack power consumption 3. 0 principles. Letter to President Von der Leyen – Make Made in Europe a reality. Herøya: An industrial gamechanger. Nel has also completed an internal reorganization whereby Nel’s assets, rights, and liabilities related to the Fueling division and shares in the relevant Fueling subsidiaries have been transferred from Nel to Cavendish Hydrogen. Turk, Lt. I cannot underline this enough: we need to “General Motors is one of the global leaders in hydrogen fuel cell propulsion with more than 50 years of experience. Photo: Yara Landmark project on green fertilizer initiated . Photo: Nel Exclusive Insight on Europe's Renewable Hydrogen Journey! We are proud to share an enlightening discussion featuring our CEO, Håkon Volldal, in his dual role as the Vice-Chair of the Renewable Reliance Industries has signed a technology licensing agreement for Nel Hydrogen's alkaline growing market Nel could not have accessed on its own,” said Nel President and CEO Håkon Nel ASA – Saipem presents solution for large-scale green hydrogen production, utilizing Nel’s technology. The Nel Hydrogen Fueling segment manufactures 24. NEL Hydrogen is a Norwegian company based in Norway and has also been 3,858 Followers, 26 Following, 373 Posts - Nel Hydrogen (@nelhydrogen) on Instagram: "We are number one by nature " nelhydrogen. Nel hydrogen gas generators are often used to fill weather balloons cheaply and effectively. Deputy Secretary of Energy David M. Garlin Gilchrist, Nel Hydrogen CEO Håkon Volldal, Macomb Community College President Jim Sawyer and local and industry leaders gathered at Macomb Community College to announce the investment and highlight how America’s growing clean hydrogen industry is delivering good-paying, high Norwegian hydrogen company Nel late on Monday said it had raised 1. Safety is the core of everything we do, The growth can mainly be attributed to Nel Hydrogen Fueling’s revenue increasing 27%. 3,865 followers. 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 Real-time discussion about POWERTAP HYDROGEN CAPITAL CORP. This is a long-term commitment, and we look forward to working together to further strengthen our competitiveness through leveraging our experience and competence. 25 MW cell stacks to generate hydrogen from water. has announced progress on building the world’s largest hydrogen plant in Saudi Arabia’s NEOM region. Nel Nel’s shares are listed on the Oslo Stock Exchange under the ticker “NEL”. He has held positions within business development, strategy and finance in several global industrial companies , including the CFO position of REC ASA. Management Nel. S. 5/kg by 2025, making it competitive with fossil fuel-derived "grey" hydrogen, and outcompeting blue hydrogen, produced via steam methane reforming with carbon capture and storage. Read More » Metal injection molding A form of metalworking that uses finely-powdered metal and a binding agent to precisely “inject” metal in order to create complex and precise metal-based products. EXCLUSIVE | European hydrogen electrolyser sector at risk of collapse due to cheap Chinese imports, warns Nel CEO Håkon Volldal, CEO of Norwegian electrolyser maker Nel, told the same panel, entitled “Scaling up electrolyser manufacturing”, that he was “brought up to root for free competition, and I know Europe wants to be the champion of global trade”. Initially, First Solar and Nel will collaborate to develop an integrated power plant control and Supervisory Control and Data Despite “disappointingly low” orders and final investment decisions (FIDs), Nel’s CEO and President, Håkon Volldal, is confident the clean hydrogen market will bounce back. Nel CEO Jon André Løkke (left) talking to Norwegian petroleum and energy minister Terje Aasland at the new plant on Wednesday. As Hy Stor Energy’s exclusive electrolyser partner for phase one of the MCHH, Nel will provide alkaline and PEM technology at scale and contribute with its hydrogen expertise and experience. In this video, Nils G. Order intake was NOK 270 million, up 18% YoY from NOK 229 million. 70 million) through a private placement of 108 million new shares at 14. The signings follow the successful completion of Hydrom’s second round of auctions bringing the total hydrogen production in Oman to 1. Nel is on track to make green renewable hydrogen as cheap, or cheaper, to produce than natural-gas-based hydrogen by 2025. The contract has a total value of about NOK 600 million. “Reliance is an impressive company with enormous ambitions as a global producer of renewable Containerized M Series proton exchange membrane (PEM) electrolyser – hydrogen production 103-413 Nm³/h – 99. These cookies allow us to create user profiles, send targeted advertising, and track your activity on our website and across multiple websites for (Oslo, 25 March 2021) Nel ASA (Nel, OSE:NEL) has entered into an MoU with Haldor Topsoe with the intent to offer customers end-to-end green ammonia and methanol solutions, based on globally leading technologies from the two companies. They have signed a letter calling on the European Commission President nominee Ursula von der Leyen to ensure a level playing field and Nel ASA – Saipem presents solution for large-scale green hydrogen production, utilizing Nel’s technology. Since our founding in 1927, sustained R&D efforts have contributed to continual improvement of electrolyser technology, setting the benchmark in the market. Cloud buys Nel electrolyser for wastewater treatment facility (Oslo, June 28, 2019) Reference is made to the announcement from Nel ASA (Nel, OSE:NEL) regarding the root cause of the incident at the hydrogen fueling station at Kjørbo. These state-of-the-art units offer turnkey solutions for the growing need for reliable, cost-effective, manufacturing hydrogen supply. Hydrogen Europe Announces New President and Board Members. OSE) •Extensive competence in designing hydrogen energy systems and refuelling stations, through Norsk Hydro, Statoil and H2 Logic: –>500 large scale electrolysers sold in >50 countries –28 hydrogen refuelling stations delivered to 7 countries On Thursday, the European Commission presented initiatives to increase the speed and scale-up of the renewable hydrogen industry. Jørn will be Managing Director of Universal Hydrogen Denmark ApS. Also, there is no CO2 byproducts in the production of our hydrogen. Photo: Nel. Over time, the partners will look for more ways to optimise and integrate technology elements throughout the solar and hydrogen production plant, Nel added. Håkon Volldal has taken the position of the new CEO of Nel, while Jon André Løkke has entered Norwegian hydrogen company Nel late on Monday said it had raised 1. 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 The Renewable Hydrogen Coalition (RHC) recently sat down with his newly elected Vice-Chair Håkon Volldal, President and CEO at Nel Hydrogen to discuss burning topics: Is Europe on track to meet its ambitious targets for renewable hydrogen and how to ensure that the future of electrolysers is made in Europe. Nel’s President and CEO Håkon Volldal said today’s 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 Norwegian hydrogen solutions provider Nel ASA (OSE:NEL) on Wednesday held an opening of its fully automated proton exchange membrane (PEM) electrolyser plant in OSLO, Norway, Oct. Volldal has previous experience as Executive Vice President at TOMRA, and later as President and CEO of Q-Free ASA, creating intelligent technology solutions for efficient, Electrolyser manufacturer Nel is to spend €35m ($36. Modular and multipurpose, Nel’s hydrogen refuelling station, H2Station, is compact. Official Journal of the International Association for Hydrogen Energy. Hy Stor Energy has made a capacity reservation of more than 1GW with the Norwegian manufacturer for its Mississippi Clean Hydrogen As the first dedicated hydrogen company on the Oslo Stock Exchange, NEL is positioned at the forefront of a changing industry as a pure play company with a long and proven track record. The global HRS market is expected to grow by 30 percent annually towards 2030, with 11,000 installed fueling stations, in addition to solutions for fueling of private trailer parks, trains, ferries, etc. The agreement with Nel Hydrogen Electrolyser AS, a fully owned subsidiary of Oslo-based Nel ASA, "provides Reliance with an Jørn Rosenlund will be the company’s new Chief Operating Officer, coming to Universal Hydrogen from Nel Hydrogen, where he was Chief Strategy Officer and before that Senior VP responsible for the Fueling Division. This is aligned with the company’s vision to empower generations with clean energy forever. 8 billion NOK in revenues in 2023, up almost 80 percent from 2022. the entire hydrogen industry to improve industry standards through the value chain. Messer, "Nel Hydrogen will bring hundreds of jobs and critical investment to our diverse economy, NEL ASA is a hydrogen company delivering optimal solutions to produce, store and distribute hydrogen from renewable ener. Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind Nel Hydrogen Fueling and Nel Hydrogen Electrolyser. 2 million, Interview with CEO Robert Borin The global market for hydrogen fueling equipment is (February 2, 2024 - Oslo, Norway) Nel ASA (Nel, OSE:NEL) and Nikola have realigned their previous agreement, and at the same time Nel will become Fortescue’s supplier for their 80 MW electrolyser, for a total consideration of about USD 20 million. CA, an investment chat community for Canada's small cap markets Before the publication of Nel ASA’s Q3 2024 results on 16 October 2024, we invite analysts to provide input to the consensus estimates by filling in the attached spreadsheet. The companies will collaborate on specific green hydrogen projects and standardisation of solutions for large scale hydrogen production plants. The Nel Hydrogen Fueling segment manufactures hydrogen fueling stations for fuel cell electric vehicles, such as cars, buses, (Detroit, USA and Oslo, Norway, 16 November 2022) Nel Hydrogen US, a subsidiary of Nel ASA (Nel, OSE: NEL), has entered into a joint development agreement with General Motors industrializing the production of our PEM electrolysers and further improving the efficiency of our technology,” said Nel’s CEO, Håkon Volldal. 2m) to double the capacity of its alkaline electrolyser factory in Herøya, Norway, to 1GW, on the back of rising demand for Nel ASA is a Norwegian company founded in 1927 and based in Oslo. Multiple, scalable, flexible, modular Nel Hydrogen Electrolyser AS is a wholly owned subsidiary of Nel ASA. Nel Hydrogen. The company operates in two segments, Nel Hydrogen Fueling and Nel Hydrogen Electrolyser. 26 following. “It is encouraging to see the Department of Energy taking these strategic steps to stimulate a clean energy economy, and we appreciate their long- time support to take our products from R&D to commercial products. Elevate your industrial processes with one of the world's most energy-efficient electrolysers, designed to meet the demands of the future. Let’s keep working together to bring jobs and projects home as we grow our economy and deliver for Michigan families. As green hydrogen projects are growing in size and complexity, it is crucial for our success to have strong partners to strengthen our project management- and execution capabilities. Confirming the appointment on Wednesday (Jan 5), Nel said Vodal is expected to assume the position at the end of the second quarter (2022), replacing current CEO Jon André Løkke. Our roots date back to 1927, and since then, OSLO, Norway, June 12, 2024 /PRNewswire/ -- Nel ASA (Nel) (OSE: NEL). Håkon Volldal, CEO and President of Nel Hydrogen, will be speaking at the Renewable Hydrogen Summit on 7 November! As Vice-chair of the Renewable Hydrogen Coalition, Håkon Volldal will kick off The green hydrogen company Nel announced plans Wednesday to build a massive new plant in Michigan as it works with General Motors to drive down the cost of Hydrogen is the lightest element on the periodic table but is considered a heavyweight when it comes to reducing greenhouse gas emissions. T he presentation is also available as a download underneath the recording. EXCLUSIVE | European hydrogen electrolyser sector at risk of collapse due to cheap Chinese imports, warns Nel CEO. Made in europe! 20 major electrolyser manufacturers, including Nel Hydrogen, Siemens Energy and thyssenkrupp nucera, are working together to support Europe's hydrogen industry and curtail the influx of cheap Chinese imports. Our process consists of splitting hydrogen and oxygen via PEM electrolysis. Oslo, Norway. Electrolyser manufacturers letter to European Commission. com Address: P. Fueling constituted 43% of Nel’s total revenue in 2019, up from 39% in 2018. 5/kg*, and to achieve this capex must be Those were the words of Nel Hydrogen CEO Jon André Løkke, as he presented the company’s first quarter 2021 financials and set the scene for its bold objectives going forward. Commenting on the initiatives, Nel's CEO Håkon Volldal said, "We look forward to the implementation of the numerous EU initiatives intending to create an attractive investment framework in Europe. Nel recently opened the world’s first fully automated alkaline electrolyser plant in Herøya, Norway. Nel CEO Håkon Volldal. In addition, an international press conference and (March 13, 2024 - Oslo, Norway, Nel, OSE:NEL). Mr. Here's what happens based on your consent As the home of Nel Hydrogen’s headquarters, Oslo offers a unique blend of metropolitan life and closeness to outdoor recreational activities. Hydrogen technology company Nel and Europe’s largest supplier of renewable energy, Statkraft, newly signed a contract for delivery of 40 MW electrolysers and will thus collaborate to create a strong value chain for production of green hydrogen in Norway. Jørn Rosenlund will be the company’s new Chief Operating Officer, coming to Universal Hydrogen from Nel Hydrogen, where he was Chief Strategy Officer and before that Senior VP responsible for the Fueling Division. 9 million, with an adjusted EBITDA of NOK 2. What is PEM Electrolysis? PEM (proton exchange membrane) water electrolysis simply splits pure We’re thrilled to bring home up to $400 million in investment from Nel Hydrogen creating more than 500 good-paying, clean energy jobs right here in Michigan. This project can enable significant carbon emission Nel opens fully automated cost-cutting 500MW hydrogen electrolyser factory in Norway. 5 megawatt alkaline electrolyzer which will be used in a pilot plant for fossil free Nel Hydrogen is the recognized global industry leader in alkaline and PEM water electrolysers. The EU should introduce local-content requirements to protect the European industry from the READ the latest news shaping the hydrogen market at Hydrogen Central. president and CEO Nel CEO Håkon Volldal says the company plans to make electrolyzers in the Detroit area to supply up to 4 gigawatts’ worth of hydrogen each year, making it one of the largest such factories in the world. Photo: DN. Norwegian hydrogen company Nel Hydrogen has chosen Plymouth for its new automated gigafactory for production of electrolyzer technology for green hydrogen production. Our roots date back to 1927, and since then, we have had a proud history of development and continuous improvement of hydrogen technologies. Whitmer joined officials from Nel Hydrogen at SelectUSA to announce the At Nel, we use statistics cookies to better understand how you interact with our website and to improve your overall experience. The world’s first fully automated electrolyser manufacturing facility, designed according to lean manufacturing and industry 4. In this study, experimental parameters involved in the preparation of Pt/CeO 2 catalysts were varied to assess how physicochemical properties influence their performance in such reactions. We are and I wish them the best of luck,” says President and CEO at Nel Håkon Volldal. The Board of Directors emphasizes communicating and maintaining good relationships with shareholders through Håkon Volldal, CEO of Nel. “I think we, as an industry, are being seen as part of the solution, not just some kind of funky laboratory technology. In 2018, Nel entered into a supply agreement with Nikola, followed by a firm purchase order for 85 MW of electrolyser equipment Exclusive Insight on Europe's Renewable Hydrogen Journey! We are proud to share an enlightening discussion featuring our CEO, Håkon Volldal, in his dual role Nel offers a one-stop shop, providing both production and distribution of hydrogen through its three divisions – hydrogen production, hydrogen fuelling, and hydrogen solutions. With more than 3,500 reliable, cost efficient electrolysers installed around the globe, Nel Hydrogen is the recognized industry leader of Alkaline and Proton Exchange Membrane (PEM) water electrolysis. "We are very excited to announce the collaboration with First Solar, a leading global manufacturer of solar panels and developer of Nel Hydrogen Electrolyser AS, a fully owned subsidiary of Nel ASA, has entered into a technology licensing agreement with Reliance Industries Ltd (RIL). Each unit is low maintenance, compact, quiet, and can be installed within hours virtually anywhere in a facility. Read the article and the full letter here: https://lnkd. Box 24, NO-3671 Notodden, Norway Contact details (July 17, 2023 - Oslo, Norway) Nel Hydrogen Electrolyser AS, a subsidiary of Nel ASA (Nel, OSE:NEL), has signed a contract for 40 MW of alkaline electrolyser equipment for about EUR 11 million with Bondalti for its first phase of the H2 Enable project in Estarreja, Portugal. “The only way to transform heavy-duty transportation is to beat Nel Hydrogen’s planned fuel division has been named Cavendish Hydrogen and has elected its initial Members of the Board, with Robert Borin appointed CEO. Before this, Jacob worked as CEO and co-founder of H2 Logic from 2003 until the company was acquired by NEL ASA in 2015. Nel lined up as 1GW-plus electrolyser supplier for largest off-grid green hydrogen project in US. Nel Hydrogen Electrolyser AS, a fully owned subsidiary of Nel ASA (Nel, OSE:NEL) has entered into a technology licensing agreement with Reliance Industries Limited (RIL). Wesam Al-Ghamdi revealed that the construction of the plant in NEOM’s city of “Oxagon” is advancing significantly. The US Department of Energy (DOE) and the state of Michigan have awarded a collective USD 75 million in cash incentives and grants for Nel’s next electrolyser production facility in Exclusive Insight on Europe's Renewable Hydrogen Journey! We are proud to share an enlightening discussion featuring our CEO, Håkon Volldal, in his dual role said Nel’s President and CEO, Håkon Volldal. Photo: Nel July 17, 2024 Related Documents Release (PDF) KRT-1500 (PDF) July 17, 2024 Related Documents Release (PDF) Q2 2024 Report (PDF) Q2 2024 Presentation (PDF) July 10, 2024 Related Documents Release (PDF) “Today’s investment in Nel Hydrogen will create a hydrogen production facility and ensure we stay on the cutting-edge of clean energy production and advanced manufacturing. • Subsequent to the quarter, Nel has decided to securelong-lead items for a new 500 MW alkaline His working paper emphasised policy formation and partnerships with both international and local stakeholders to drive Oman’s green hydrogen economy forward. Norwegian hydrogen technology company Nel saw its revenue grow by nearly 80% in 2023, but still saw a net loss of NKr855m ($81m) for the year, the firm revealed in its Q4 and full-year results today. 61 billion Norwegian crowns ($154. Nel extends an open invitation to a Norwegian press conference today, Friday, June 28, 2019, at 11:00 CEST to present the findings from the investigation. Michigan Gov. In their search for reliable and energy-efficient hydrogen production equipment, Solar Foods has selected an The hydrogen-borrowing amination of alcohols is a promising route to produce amines. In comparison to other hydrogen-generating electrolysis technology, there is no KOH required to operate Nel’s generators. 5 out of 5 for work life balance, 3. We serve a range of different customers with leading hydrogen technologies. Analytical and fact-based approach to Wed, Nov 18, 2020 17:51 CET (Oslo, 18 November 2020) Nel Hydrogen Electrolyser, a division of Nel ASA (Nel, OSE:NEL), has today entered into a Memorandum of Understanding (MoU) with Iberdrola with the ambition to collaborate in the development of a green hydrogen production plant with the capacity of more than 200 MW in Spain by 2023. The agreement with Nel Hydrogen Electrolyser AS, a fully owned subsidiary of Oslo-based Nel ASA, "provides Reliance with an At Nel, we use marketing cookies to improve your browsing experience and tailor our marketing efforts to your interests. "We are very excited to join forces with Haldor Topsoe for possible future development of end-to-end green ammonia and green Nel has delivered more than 110 hydrogen fueling stations (HRS), H2Stations™, in 13 different countries. CEO Håkon Volldal says the company plans to make electrolyzers in the Detroit area to supply up to 4 gigawatts’ worth of hydrogen each year, making it one of the largest such factories in the world. Muscat: Hydrom, the Sultanate’s green hydrogen orchestrator, announced signing two new green hydrogen projects in Dhofar worth US$ 11 billion. Revenues, including H2 Logic from 1 January 2015, ended at NOK 128. The plant will be operated by HyCC and use Nel’s atmospheric alkaline electrolyzers to produce green hydrogen from renewable power and water. We believe this collaboration will give us a competitive advantage in industrializing the production of our PEM electrolysers and further improving the efficiency of our technology,” said Nel’s CEO, Håkon Volldal. com : Nel ASA, a hydrogen company, provides various solutions to produce, store, and distribute hydrogen from renewable energy in Norway and internationally. Alternative Energy Equipment. The agreement with Nel Hydrogen Electrolyser AS, a fully owned subsidiary of Oslo-based Nel ASA, "provides Reliance with an U. Nel CEO Håkon Volldal with Michigan governor Gretchen Whitmer at the company's Oslo headquarters in January. (Photo: Nel Hydrogen) The Michigan Strategic Fund (MSF) will support the project with a $10 million Michigan Business At Nel, Yes. The new business will be called Cavendish Hydrogen, in tribute to the English scientist who discovered H2. In situations where plant space is at a premium, customers may want to site their electrolysers outside. 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 “Even though we have been developing hydrogen technology for almost a century, there is no doubt that the most exciting part of the journey is ahead of us,” says Nel’s CEO Håkon Volldal. 0 for career opportunities. SkyNRG will use the hydrogen to produce sustainable aviation fuel, made from industrial byproducts and (Oslo, 4 March 2020) Nel ASA (Nel, OSE:NEL) has entered into a strategic collaboration agreement with the global EPC company Kværner AS (Kvaerner, OSE:KVAER). The full-year operational reported revenue for NEL was NOK 99. Developing fossil free steel production in Sweden using green hydrogen 12 •Nel has received a purchase order for a 4. Nel Hydrogen is the first dedicated hydrogen company on the Oslo Stock Exchange. He represents a modern leadership culture and market approach, and fulfils all criteria we set Nel’s resigning CEO, Jon André Løkke, is convinced Volldal has the leadership capabilities necessary for Nel to reach its full potential. ” In May 2023, Gov. Nel was awarded a grant of up to 135 million euros ($146 million) from the EU Innovation Fund to ramp-up its new hydrogen production Nel Hydrogen's CEO & President is Håkon Volldal. They have signed a letter calling on the European Commission President nominee Ursula von der Leyen to ensure a level playing field and With NEL Hydrogen since 1994 Education: Bank, insurance and business administration from Norwegian School of Management Norwegian School of Export Management NEL Hydrogen AS Tel: +47 35 09 38 38 E-mail: info@nel-hydrogen. "The agreement provides RIL with an exclusive license for Nel's alkaline electrolysers in India and also allows RIL to manufacture Nel's alkaline electrolysers for captive purposes globally," RIL said, President and CEO, Nel ASA. (NASDAQ:FSLR), to develop integrated Photo Voltaic (PV) Hydrogen power plants. Volldal sends his best wishes to his former colleagues, who now focus on developing hydrogen fueling NEL Hydrogen provides solutions that allow people and businesses to generate, store, and distribute hydrogen from renewable energy. Secretary of Commerce Gina Raimondo, along with members of Team Michigan including Quentin L. An amination reaction between cyclopentanol and cyclopentylamine was used as the model Made in europe! 20 major electrolyser manufacturers, including Nel Hydrogen, Siemens Energy and thyssenkrupp nucera, are working together to support Europe's hydrogen industry and curtail the influx of cheap Chinese imports. 7m) and is the largest order for alkaline electrolyser equipment by Nel, the company said on Monday. Our implementation of Google Analytics Consent Mode v2 allows us to manage your consent preferences effectively. The CEO of Norwegian electrolyser manufacturer Nel, Håkon Volldal, has pushed back on analyst warnings that the green hydrogen industry faces a looming mismatch between electrolyser manufacturing capacity and the scale of equipment that will actually be installed in Nel’s products and technology are an absolutely critical piece to enabling our economy to decarbonize, and to fully leverage the potential of hydrogen,” said Maureen Donohue Krauss, President and CEO of the Detroit Regional Partnership. 3,858 Followers, 26 Following, 373 Posts - Nel Hydrogen (@nelhydrogen) on Instagram: "We are number one by nature " nelhydrogen. Assumptions: Nel analysis based on electricity of $20/MWh, >8% cost of capital, cost of 20 major electrolyser manufacturers, including Nel Hydrogen, I am convinced they can succeed, and I wish them the best of luck,” says President and CEO at Nel Håkon Volldal. 9998% purity. "We continue to experience good momentum for our electrolysers, and we are happy to partner CEO of Everfuel. The CEO of NEOM Green Hydrogen Co. Norwegian hydrogen solutions company Nel ASA (OSE:NEL) has a new chief executive officer as of today, namely Hakon Volldal, who is replacing Jon Andre Lokke in that position. “We are extremely proud to be elected by Nel Hydrogen Electrolyser AS has signed a contract for 40 MW of alkaline electrolyser equipment for about EUR 12 million with HyCC for its H2eron project in Delfzijl, Netherlands. In March this year the European Commission announced its increased (Oslo, 15 October 2022) Nel Hydrogen Electrolyser AS, a subsidiary of Nel ASA (Nel, OSE:NEL), has entered into a contract for alkaline electrolyser equipment from Australian company Woodside Energy for its proposed hydrogen project, H2OK, in Ardmore in the state of Oklahoma, US. HH2E’s two 60 MW plants will be among the largest green hydrogen production plants in Europe announced to date. Our CEO, Jon André Løkke, was, as of last year, elected to the board of Hydrogen Europe, which will play an important part in this. Recommendations on the development of US The City of St. With the new and automated manufacturing facility Nel increases its annual capacity to produce PEM electrolysers from 50 to 500 MW. By Dominic Chopping. The Nel Hydrogen Fueling segment manufactures hydrogen fueling stations for fuel cell electric vehicles, such as cars, buses, Electrolyser maker Nel to spin off loss-making hydrogen-fuelling division into separate company. Read our latest in-depth articles about Nel, our people, and hydrogen in general Nel Hydrogen Electrolyser ASA, a wholly owned subsidiary of Nel ASA, has entered into a technology licensing agreement with Reliance Industries Limited (RIL), India's largest private-sector corporation. NEO) on CEO. (Detroit, USA and Oslo, Norway, 16 November 2022) Nel Hydrogen US, a subsidiary of Nel ASA (Nel, OSE: NEL), has entered into a joint development agreement with General Motors (NYSE: GM) to help accelerate the industrialization of Nel’s proton exchange membrane (PEM) electrolyser platform. Follow. An exciting transition. Our water electrolysers make a superior choice for Industry, Transport and Power-to-X applications. 0 million. 90 crowns per share, a Made in europe! 20 major electrolyser manufacturers, including Nel Hydrogen, Siemens Energy and thyssenkrupp nucera, are working together to support Europe's hydrogen industry and curtail the influx of cheap Chinese imports. They have signed a letter calling on the European Commission President nominee Ursula von der Leyen to ensure a level playing field and Jon André Løkke, CEO of Nel Hydrogen, opened Day 2 of H2Tech's H2Tech Solutions conference with a keynote talk about scaling up green, renewable hydrogen and how green hydrogen will outperform gray hydrogen. It’s a statement that arguably best describes the Following the spin-off from Nel Hydrogen, Cavendish Hydrogen ASA (Cavendish, OSE:CAVEN) reported revenues as a stand-alone listed company in the second quarter of EUR 9. Robert Borin will act as CEO, and Marcus Halland will act as CFO of Cavendish Hydrogen. CEO Website; 1927: 430: Hakon Volldal: nelhydrogen. Håkon Volldal, Nel’s President and CEO, said: The signing of this agreement is a great milestone in Nel’s history. Setting the standard in electrolysis since 1927. (April 26, 2024 - Oslo, Norway) Nel ASA (Nel, OSE:NEL) partners with Hy Stor Energy on the Mississippi Clean Hydrogen Hub (MCHH) and receives a capacity reservation for more than 1 gigawatt of alkaline electrolysers. Accompanying him was Dr Firas bin Ali al Abduwani, Director General of Renewable Energy and Hydrogen, who contributed insights into Oman's renewable energy initiatives. If we don’t create demand for European technology in Europe, we squander the opportunity for European OEMs [original equipment manufacturers] to win. Oslo, Norway . The Norwegian electrolyser manufacturer itself has felt the impact of waning movement in the industry. A key message in the letter is that Chinese subsidies for state-owned hydrogen companies create a skewed playing Nel is committed to reducing the cost of green hydrogen production to enable affordable and easier available renewable energy, and thus also adaptation. 05 Nm³/h, S Series electrolysers replace the need for pressurized hydrogen cylinders in a variety of industrial processes. Nel’s water electrolysers save lost energy by Nel’s water electrolysers save lost energy by storing excess electrons in hydrogen and adjusting the electric output to the requirements of the grid. We have our roots from the hydrogen activities of Norsk we squander the opportunity for European OEMs [original equipment manufacturers] to win. Nel Hydrogen marked a major milestone today with the grand opening of its new PEM (Proton Exchange Membrane) electrolyser production facility in Wallingford, Connecticut. Our water electrolysers offer a superior choice for hydrogenation applications. He is an analytical and New CEO Håkon Volldal wants Nel to lead the world in green-hydrogen technology. 9 for culture and values and 4. At present, only 1% of the $150-billion hydrogen market of 70 million tpy comes from water electrolysis, Løkke explained. nelhydrogen. 8-4. 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 Jon André Løkke, CEO of Nel Hydrogen, opened Day 2 of H2Tech's H2Tech Solutions conference with a keynote talk about scaling up green, renewable hydrogen and how green hydrogen will outperform gray hydrogen. Nel announces new 4GW hydrogen electrolyser gigafactory in Michigan, costing up to $400m. Mohammad Abdelqader El-Ramahi is responsible for the establishment and development of Masdar’s new green hydrogen business. These cookies collect data that help us analyze site performance and usage patterns. President & Chief Executive Officer: Kjell Christian Bjørnsen: Chief Financial Officer: Marcus Halland: Chief Financial Officer, Cavendish Hydrogen: Esa Laukkanen: Håkon Volldal, CEO Nel Hydrogen The investment cost for the expansion is estimated at approximately NOK 260 million, and the new production line is expected to reach nameplate capacity in 2025. It supplies energy-efficient hydrogen solutions for industrial applications, hydrogen fuelling stations, and distributed energy systems worldwide. Håkon Volldal was appointed CEO effective 1 July 2022. “Only two weeks ago, Biden’s bill looked dead. RHC / CEO Letter on Financing. Among these benefits include financial incentives, university The electrochemical nitrate reduction reaction (NO 3 RR) is an environment-friendly and promising alternative to the conventional Haber–Bosch ammonia synthesis process, which is a complex process of proton-coupled electron transfer. New Delhi: Reliance Industries Ltd has signed an agreement with Norway's Nel ASA for sourcing technology to make electrolysers for production of green hydrogen as part of billionaire Mukesh Ambani's pivots toward green energy. This is the first important step and we are EXCLUSIVE | European hydrogen electrolyser sector at risk of collapse due to cheap Chinese imports, warns Nel CEO Håkon Volldal, CEO of Norwegian electrolyser maker Nel, told the same panel, entitled “Scaling up electrolyser manufacturing”, that he was “brought up to root for free competition, and I know Europe wants to be the champion of global trade”. Nel hat außerdem eine interne Umstrukturierung abgeschlossen, bei der die Vermögenswerte, Rechte und Verbindlichkeiten von Nel im Zusammenhang mit der Fueling-Sparte und die Anteile an den entsprechenden Fueling It’s reality,” said Nel Hydrogen CEO, Volldal. The agreement provides RIL with an exclusive license for Nel’s alkaline electrolysers in India and allows RIL to manufacture Nel’s alkaline electrolysers for Producing high purity hydrogen of 99. At the time of the May announcement, Nel CEO Håkon Volldal said the company chose Michigan thanks to the engagement from Governor Whitmer, (January 6, 2023 -Oslo, Norway,) Nel Hydrogen Electrolyser AS, a subsidiary of Nel ASA (Nel, OSE:NEL), has agreed with HH2E for a FEED (Front End Engineering and Design) CEO of Nel. ” Kaiqi is a top prize winning scientist working with hydrogen technology in Nel. nel-hydrogen. This will contribute to the positioning of the UAE as a global green hydrogen production and export hub. Employees also rated Nel Hydrogen 3. our common product offering the end customer with a target to be able to deliver the lowest total cost of solar to hydrogen," commented Jon Andre Lokke, CEO of Nel. 3 Such as the Important Projects of Common European Interest (IPCEI), the EU Innovation Fund, Recovery Funds, Strategic Technologies for Europe Platform (STEP), Sovereignty Fund, and many other national support schemes. Nel is reiterating its goal of delivering green hydrogen at $1. Gjelsten CEO at Nikkelverk, discusses Nel’s technology, as well as the ways in which nickel is Nel CEO Håkon Volldal told Hydrogen Insight back in November 2022 that the European electrolyser sector is at risk of collapse due to cheap Chinese imports — a concern that has led to discussions at the highest level in the EU about preventing subsidies going to China-based electrolyser makers. ” The new plant will create jobs in Michigan. Save to read list Published by Emily Thomas, Deputy Editor World Fertilizer, Tuesday, 05 July 2022 09:33. The emphasis is placed on original research, • Caroline Duyckaerts, Chief HR officer, comes from position as head of HR for one of Hydro’s divisions • Jørn Rosenlund, Chief Strategy Nel green hydrogen cost target by 2025. com Web: www. The parties signed a Front-End Engineering Design (FEED) contract in December, and today Hy Stor Energy has entered into Nel lined up as 1GW-plus electrolyser supplier for largest off-grid green hydrogen project in US. Letter from the CEO Nel ASA I Annual report 2019 5. O. Proven track record of driving profitable organic/structural growth and creating followership and company culture through empowerment and transparent decision making. The history of Nel Hydrogen US is as significant for the American hydrogen industry development as the history of Nel is for Norway. The company seeks to create sustained shareholder value. Nel is a global, dedicated Norwegian hydrogen solutions company Nel ASA (OSE:NEL) has received an order to deliver a 200-MW alkaline electrolyser system for an industrial green hydrogen project in the US. By combining GM's extensive fuel cell expertise and Nel's deep (February 6, 2023 - Oslo, Norway) Nel Hydrogen Electrolyser AS, a subsidiary of Nel ASA (Nel, OSE:NEL), has signed a contract for 40 MW of alkaline electrolyser equipment for about EUR 12 million with HyCC for its H2eron project in Delfzijl, Netherlands. Our electrolyser product range provides customers with the largest selection of hydrogen water electrolysers in virtually any capacity. Håkon Volldal has taken the position of the new CEO of Nel, while Jon André Løkke has entered New Delhi: Reliance Industries Ltd has signed an agreement with Norway's Nel ASA for sourcing technology to make electrolysers for production of green hydrogen as part of billionaire Mukesh Ambani's pivots toward green energy. cifcwb gwz akb tleki erfge osoeqlf kfptc uvw nrzc setkgul