Nel receives 40 MW electrolyser order

Source: press release, 14 November 2022

Nel’s Atmospheric Alkaline Electrolyser
Nel’s Atmospheric Alkaline Electrolyser (illustration: NEL ASA)

Nel Hydrogen Electrolyser AS, a subsidiary of Nel ASA, has signed a NOK 120 million contract for alkaline electrolyser equipment with a high quality North European energy company.

The contract also includes front-end engineering and design (FEED) study related to the deliveries.

This contract is for alkaline electrolyser equipment and related FEED and includes pass-through mechanisms for steel and nickel price adjustments. Production of electrodes is estimated to be completed by end-2023.