Nel electrolyzer stock Nel will then become a pure-play electrolyser company with 425 employees. Nel has also secured funding from the US Department of Energy to further develop its Nel’s water electrolysers will help you reduce your operating costs, eliminate the need for delivered hydrogen, streamline your operations, and increase your bottom line. The Company's business activities are divided into two operation segments: Nel Nel ASA (NEL. Nel is a global, dedicated hydrogen company, delivering optimal solutions to produce, store, and distribute hydrogen from renewable energy. 600. 4 million, up from NOK 112. The former Fueling division was spun out and listed on the Oslo Stock Exchange as Cavendish Hydrogen. Nel ASA (NLLSF) With roots in For additional information, please contact: Kjell Christian Bjørnsen, CFO, +47 917 02 097 Wilhelm Flinder, Head of Investor Relations, +47 936 11 350 About Nel ASA | www. 2025 Results, reports and presentations Credit rating and analysis “The contract with Nel is the first important step in materializing our ambitious target of 2 GW of green hydrogen and securing production capacity for our diverse pipeline of hydrogen projects,” says Rynning-Tønnesen. Hy Stor Energy has now decided to terminate the agreement. The €5m ($5. The purpose of the spin-off is to create two independent pure-play companies aiming to become market leaders in their respective fields. As such, it forms the foundation of the green hydrogen economy. "Nel has almost a century of experience developing electrolysers and has installed thousands of systems around the world. Separately, with reference to stock exchange release dated 25 November 2020, Everfuel and Nel (July 14, 2023 - Oslo, Norway) Nel Hydrogen Electrolyser AS, a subsidiary of Nel ASA (Nel, OSE:NEL), has signed a contract for 20 MW of alkaline electrolyser equipment for about EUR 9 million with Hyd’Occ for its project in Port-La-Nouvelle, France. Colón- Shuai Zhao,1,∗ Allison Stocks,1 Brian Rasimick,1 Nel is now solely dedicated to developing and delivering world-class electrolyzers to produce renewable H2. 5 million contract by Iberdrola for a 20 MW PEM solution for a green fertilizer project in Spain. (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. Cloud will use renewable hydrogen to decarbonize a wide range of sectors,” says the city’s Public Services Nel Hydrogen is the first dedicated hydrogen company on the Oslo Stock Exchange. The green hydrogen produced there will be used Fertiberia's local ammonia plant. The growth can mainly be attributed to Nel Hydrogen Fueling’s revenue increasing 30%. Volldal sends his best wishes to his former At Nel, we use statistics cookies to better understand how you interact with our website and to improve your overall experience. 03. The Nel Hydrogen Fueling segment is a manufacturer NEL | Complete NEL ASA stock news by MarketWatch. in Wallingford, Conn. 20 The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade selected Nel and our technology. Here's what happens Nel ASA: News, information and stories for Nel ASA | Oslo Bors: NEL | Oslo Bors. IVHY ™ 100 addresses market needs as a response to the growing demand for green hydrogen for decarbonisation of industrial sectors, to produce green – Today, Governor Gretchen Whitmer announced that Norwegian hydrogen company Nel Hydrogen is establishing an automated gigawatt electrolyzer manufacturing facility in Michigan. Production, Nel said only that the US-based client has developed the project over several years, and plans to fund it via a combination of private investment and state and local government incentives, which have already been granted. 148 311 278 391 321 0. The Nel Hydrogen Electrolyser segment is a global supplier of hydrogen production equipment based on both alkaline and proton exchange membrane (PEM) water electrolysis See the latest NEL ASA stock price (NEL:XOSL), related news, valuation, dividends and more to help you make your investing decisions. 50 per kg Nel has received a purchase order for an MC250 containerized PEM electrolyser to produce renewable hydrogen at an innovative wastewater treatment facility in St. Nel is the largest hydrogen electrolyzer manufacturer in the world. The IVHYTM 100 concept is displayed at Saipem's booth at the World Hydrogen Week in Copenhagen from 30 September to 4 October. The new facility will have the capacity to produce 10 times as many The history of Nel Hydrogen US is as significant for the American hydrogen industry development as the history of Nel is for Norway. (DOE) to further develop its AEM electrolyzer technology. Nel’s vision is empowering generations with clean energy forever and our mission is to unlock the potential of renewables and enable global decarbonization. 36. The fuelling division’s Ebitda went from a loss of NKr352m in 2022 to a loss of NKr202m in 2023 Nel Hydrogen: A well capitalized pure play hydrogen technology company with a global footprint THIS IS NEL 3 Pure play hydrogen technology company listed on Oslo Stock Exchange (NEL. The release also added that both partners will also collaborate on future performance improvements and cost optimisation through research and development (R&D), value engineering, standardisation and modularisation to Nel's primary market is the Oslo stock exchange. Nel ASA Expands Hydrogen Capabilities with New Electrolyser Plant. 7 million with significant improvements in multiple areas. Here's what happens PEM Electrolyzer Revenue: Up more than 50% from Q1 2024, down 4% year-on-year. The company seeks to create sustained shareholder value. 21: MT Fearnley lowers target price for Nel to NOK 1. The grant application was supported by Enova SF, the Norwegian national contact Nel ASA is a Norway-based hydrogen company that delivers solutions to produce, store and distribute hydrogen from renewable energy. 5% contraction since 3 Feb 2023. View real-time stock prices and stock quotes for a full financial overview. Nel has been developing its next-generation pressurized alkaline technology for more than five years. They are easy to install and operate. 6:13p Barron's MicroStrategy Stock Momentum Is Fading Fast; S&P 500 Addition Seems Unlikely (March 13, 2024 - Oslo, Norway, Nel, OSE:NEL). 20. It wants to achieve $1. Here's what happens H Series proton exchange membrane (PEM) electrolyser – hydrogen production 2-6 Nm³/h – 99. 6%. Nelâ s H2Station manufacturing plant is located in Herning, Denmark. 21: Fearnley lowers target price for Nel to NOK 1. Our water electrolysers make a superior choice for Industry, Transport and Power-to-X applications. Nel (Alternative Energy Equipment) is a Public company. DJ Nel ASA Unit Secures Electrolyser Equipment Order from Samsung C&T NEL Stock News Nel ASA. ENDS Contact information Nel ASA: 1929 - Norsk-Hydro’s (NEL Hydrogen) started hydrogen via electrolysis with earliest bipolar technology 1948 - E. Q3 2023. These cookies allow us to create user profiles, send targeted advertising, and track your activity on our website and across multiple websites for similar marketing purposes. Q2 2023. Nel Hydrogen Electrolyser . Norway’s Nel ASA ( OSE:NEL ) has finalised the spin-off of its former Fueling division and is now focused solely on the development, production and supply of PEM and alkaline electrolysers, it was announced on Wednesday. The Nel Hydrogen Fueling segment is a manufacturer of hydrogen fueling stations for Fuel Cell Electric Vehicles. Stocks. In this context Proton exchange membrane electrolyzer technology: Challenges and advancements Kathy Ayers Vice President, R&D. In 2023, it entered a few electrolyzer deals, including a contract Nel ASA is a Norway-based hydrogen company that delivers solutions to produce, store and distribute hydrogen from renewable energy. 1 680 2 224 2 552 2 488 2 As communicated in February, Nel is exploring a potential spin-off and separate listing of its Fueling division on the Oslo Stock Exchange. As of today, Nel is solely dedicated to developing and delivering world-class electrolysers to produce renewable hydrogen •Nel awarded contract as part of Nikola’s development of a hydrogen station infrastructure owned and operated by Nikola in the U. 4 billion by 2034, with a CAGR of 24. Fuentes, Héctor R. The company's operating cash flows improved 31% Quarter-over-Quarter, while gross margin loss decreased 37%. Volldal sends his best wishes to his former colleagues, who now focus on developing hydrogen fueling Nel acquires H2 Logic, adding world leading hydrogen fueling technology to the product portfolio Nel becomes the first 100% dedicated hydrogen company listed on the Oslo Stock Exchange Nel opens the world’s first publicly available hydrogen fueling station in Reykjavik, Iceland Our first pressurised electrolyser introduced to the Stock NEL Common Stock NO0010081235 XOSL Oslo Børs Euronext Tech Leaders Live Euronext quotes, realtime prices, charts and regulated news At Nel, we use statistics cookies to better understand how you interact with our website and to improve your overall experience. Skip to main content. OSE) Manufacturing facilities in Norway, Denmark, and U. US green hydrogen developer cancels massive 1GW-plus electrolyser deal with Nel. PSM Proton Exchange Membrane Electrolyser Stack Module; Net Production Rate Nm³/h (m³/h @ 0°C, 1 bar) 2,020 Nm³/h kg/24 h: 4,300 kg/24 h Find the latest Enapter AG (H2O. e. 2360 at the start of the year. A green hydrogen production solution for the decarbonization of industrial processes and energy sustainability. How do I buy shares of Nel ASA? Shares of NLLSF stock can be purchased through any online brokerage account. Through this agreement, Nel claimed Nikola intends to equip the first five hydrogen filling stations with Nel’s alkali electrolysers in order to produce the necessary hydrogen on-site. 25 from $0. NEL. With this solution, we are simplifying large-scale renewable hydrogen production," says Håkon Volldal, President and CEO of Nel. Proton OnSite is recognised as the View recent trades and share price information for NEL ASA NOK0. The grant will support a phased build-out of production at Nel is not the only electrolyser maker to have seen its shares slump over the past 12 months. Find the latest Nel ASA (NEL. 999+% purity, these units replace the need for hydrogen tube trailers or liquid hydrogen storage. The company had earlier this month disclosed in its Q3 report that a prototype was currently under construction at its test centre in Nortodden, eastern Norway. Nel has already performed and delivered the front-end engineering and design (FEED) study on the project. We serve industries, energy, and gas companies with leading hydrogen technology. Nel has now been awarded a grant for a phased build-out of production at Herøya, Norway. 3 million in Q2, with EPS loss improving to $0. Nel Signs $5. France’s McPhy has seen an 81. OL) stock quote, history, news and other vital information to help you with your stock trading and investing. The technology is currently in the prototype stage with promising results. View live NEL ASA chart to track its stock's price action. 60 (3. Reference is made to the stock exchange notice on 3 November 2020 where it was informed that Nel was selected as a preferred Nel has passed the 1GW mark for annual alkaline electrolyser manufacturing capacity after completing the installation of a second 500MW automated production line at its factory in Herøya, Norway, the company has revealed in its latest financial results. Best 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. More et al. “We are proud to announce the intention to combine Nel and Proton OnSite, creating the world’s largest hydrogen electrolyser company. The C Series electrolysers are ideal for a variety of industrial applications. you will become owner in both Nel Hydrogen is the recognized global industry leader in Alkaline and PEM water electrolysis. A new hydrogen production plant, featuring a second electrolyser from Nel, has been installed at Glencore Nickelverk’s facility in Kristiansand. . “In the future, the whole community of St. Green hydrogen firm Plug Power launches $200m stock offering to keep business afloat Company profile for Nel ASA (NLLSF) with a description, list of executives, contact details and other key facts. Multiple, scalable, flexible, modular OSLO, Norway, June 12, 2024 /PRNewswire/ -- Nel ASA (Nel) (OSE: NEL). The Nel Hydrogen Electrolyser segment is a global supplier of hydrogen production equipment based on both alkaline and proton exchange membrane (PEM) water electrolysis technology. Norway and listed on the Oslo Stock Exchange under the ticker “NEL”. 40 tons in total. In this video, Nils G. In May 2024, Nel signed a technology licensing agreement with India’s Reliance Industries. The town of Rjukan plays an essential role in Nel's history, and the town was home to the biggest electrolyser ever built in the country with a capacity of 167 MW. On Wednesday 23 October, Nel’s expanded and automated PEM manufacturing facility in Wallingford, Connecticut, was officially opened by Senator Richard Blumenthal. An electrolyzer splits water (H 2 O) into hydrogen (H 2) and oxygen (O 2). 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 Michigan. Under the deal, the Norwegian hydrogen company will supply 10 megawatts of alkaline NEL will supply the electrolyser under a EUR 7. S (June 12, 2024 - Oslo, Norway) Nel ASA (Nel, OSE:NEL). Order intake. These cookies collect data that help us analyze site performance and usage patterns. Through electrolysis, the Norway and listed on the Oslo Stock Exchange under the ticker “NEL”. 7 million in 2019. The Board of Directors emphasizes communicating and maintaining good Get the latest Nel ASA (OSL: NEL) stock price quote with financials, statistics, dividends, charts and more. stock quotes . Nel ASA. and Proton OnSite) – Nel ASA is a Norway-based hydrogen company that delivers solutions to produce, store and distribute hydrogen from renewable energy. The spin-off could result in a 250-employee, Denmark-headquartered hydrogen refuelling company listed on the Oslo Stock Exchange, with a new board and management team. Thu, Jan 14, 2021 17:45 CET (Oslo, 14 January 2021) Nel Hydrogen Electrolyser, a division of Nel ASA (Nel, OSE:NEL), has been awarded a EUR 13. Fourth quarter 2023 revenues of NOK 534 million represented a 29% Nel ASA 2 • Pure-play hydrogen company listed on the Oslo Stock Exchange –facilities in Norway and Denmark • Three divisions offering hydrogen technology and solutions for industrial and energy applications • More than 850 hydrogen solutions delivered in Norwegian fuel cell manufacturer Nel ASA today announced cash incentives and grants totaling some $75 million from the U. Find the latest Nel ASA (NEL. For further insights into NLLSF stock, check out TipRanks’ Stock Analysis A high-level overview of Nel ASA (NLLSF) stock. Nel’s shares are listed on the Oslo Stock Exchange under the ticker “NEL”. The company specializes in Alkaline At Nel, we use statistics cookies to better understand how you interact with our website and to improve your overall experience. As of today, Nel is solely dedicated to developing and delivering world-class electrolysers to produce renewable hydrogen. The company has its roots back to 1927, when Norsk Hydro developed large-scale electrolyzer plants, providing renewable hydrogen for use in ammonia production with fertilizer as the end-product. 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 Q1 2019 . 400. Volldal sends his best wishes to his former colleagues Nel completes spin-off of loss-making hydrogen fuelling division as it turns 'full attention to electrolysers' Cavendish Hydrogen is now listed on the Oslo stock exchange, and headquartered in the city of Herning, Denmark. 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 Plug Power reported Q3 2024 revenue of $173. We were listed in 2014 on the Oslo Stock Exchange as the first hydrogen company. Watchlist. ): Stock quote, stock chart, quotes, analysis, advice, financials and news for Stock Nel ASA | Oslo Bors: NEL | Oslo Bors Nel Unit Bags Order for Two Electrolyzer Units in US Jan. Iberdrola ordered a 20 MW PEM electrolyzer solution for a (January 19, 2024 - Oslo, Norway) Nel Hydrogen Electrolyser AS, a subsidiary of Nel ASA (Nel, OSE:NEL), has signed a contract for 10 MW of alkaline electrolyser equipment for about EUR 5 million with Samsung C&T Corporation Engineering & Construction Group (‘Samsung C&T’) for its first off-grid green hydrogen production project to be deployed in South Korea. The technology is currently being 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. Highlights of the quarter • Nel ASA (Nel) reported revenues in the first quarter 2019 of NOK 122. 999+% purity. 11, 2021 /PRNewswire/ -- Nel Hydrogen US, a subsidiary of Nel ASA (Nel, OSE:NEL), has received a contract for a 1. 4m) order will support Samsung’s first off-grid green hydrogen NEL IN BRIEF Listed on the Oslo Stock Exchange (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. Real-time last sale data for U. 0. Nel ASA: Company profile, business summary, shareholders, managers, financial ratings, industry, sector and market information | Oslo Bors: NEL | Oslo Bors Nel Unit Bags Order for Two Electrolyzer Units in US MT Jan. nelhydrogen. Production Capacity: 1 gigawatt for alkaline electrolyzers at Heroya; expanding to 500 megawatts for PEM Nel Hydrogen | 87,749 followers on LinkedIn. Net loss reduced to $211. Cavendish Hydrogen headquarters in Herning, Denmark. Q3 2022. 786B Nel won a contract worth about 5 million euros ($5. 25 MW cell stacks to generate hydrogen from deionized (DI) water and four DC electrical power inputs. In our case: hydrogen. 8% fall since 3 February last year; US-based Plug Power’s stocks have fallen by 78. Hy Stor had lined up the Norwegian firm to supply alkaline models for its Mississippi Clean Hydrogen Hub. 71%. Norsk Hydro – the original parent company of what is today Nel – was founded in 1905 to meet the fertilizer needs of the agriculture sector. Our roots date back to 1927, and since then, we have had a proud history of development and continuous improvement of S Series proton exchange membrane (PEM) electrolyser – hydrogen production 0. What is Nel (Alternative Energy Equipment)’s stock symbol? The ticker symbol for Nel (Alternative Energy Equipment) is NEL. txt) or read online for free. Fueling constituted 48% of Nel’s total revenue in 2020, up from 43% in 2019. 2m) to double the capacity of its alkaline electrolyser factory in Herøya, Norway, to 1GW, on the back of rising demand for green hydrogen production equipment and favourable political winds that extend beyond Europe to the US, Nel’s CEO Håkon Volldal told investors this morning. The Company specializes in electrolyser technology for production of renewable hydrogen, and The PSM is a proton exchange membrane (PEM) based water electrolyser module that integrates eight 1. 8%, despite a sharp uptick in the past ten days; and the UK’s ITM Power has seen a 60. View the best growth stocks for 2025 here. The ticker on Seeking Alpha is on the OTC market and could provide lower liquidity. 5 million in the first quarter 2018 o There was a 40% growth in the Fueling segment, while the development in Electrolyser was negative compared to the same quarter last year(-8%) The global electrolyzer market is expected to grow from US$ 4. 2 . Q1 2023. Nel Hydrogen is a world leader in manufacturing clean hydrogen energy systems. We have our roots from the hydrogen activities of Norsk Hydro, dating OSLO, Norway, June 12, 2024 /PRNewswire/ -- Nel ASA (Nel) (OSE: NEL). Stock Screener; Stock Analysis Pro. The analysts compiled a list of green hydrogen stocks with the requisite electrolyzer technology. Find market predictions, NEL financials and market news. 009 (3. They have roots from the hydrogen activities of Norsk Hydro, dating back to 1927. NEL ASA company facts, information and financial ratios from MarketWatch. Volldal sends his best wishes to his former colleagues, who now focus on developing hydrogen fueling equipment for heavy-duty vehicles. When You Consent: If you consent to the use of Nelâ s H2Station manufacturing plant is located in Herning, Denmark. 30), reiterates sell - Find the latest Nel ASA (NEL. Collapse. •Multi-billion NOK 1 000 MW electrolyzer and fueling station contract, to be deployed from 2021 –largest electrolyzer contract ever awarded •Nikola and Nel Containerized M Series proton exchange membrane (PEM) electrolyser – hydrogen production 103-413 Nm³/h – 99. 150 NOK , and its all-time low was 0. What are NEL ASA stock highest and lowest prices ever? NEL reached its all-time high on Jan 8, 2021 with the price of 35. Popular online brokerages with access to the U. Zdansky demonstrated first high pressure industrial electrolyzer (Lonza) 1954-1957 - Winsel and Justi patented Raney-Nickel for Alkaline Electrolyzers 1956-1960 - Largest atmospheric pressure electrolyzer (40. 3% and is now trading at $0. Electrolyzer sales increased 285% The story of Nel in Norway is one of opportunity. pdf), Text File (. 9 million, up 14. 4 % from NOK 569. Here's a look at six of the best green hydrogen stocks to watch. The technology, currently in the prototype stage, shows promising results after five years of development. Mkt Cap NOK 3. -Pt-Ir/TiC Electrocatalysts for PEM Fuel Cell/Electrolyzer Process Roderick E. The company recently completed new fully automated and significantly expanded electrolyzer manufacturing facility, which is the equipment used to produce hydrogen. According to Volldal, at the same time, the company’s former fueling division was spun out and listed on the Oslo Stock Exchange as Cavendish Hydrogen. Everfuel is responsible for the EPC-work (engineering, procurement and construction), including storage and distribution facilities. PSM Proton Exchange Membrane Electrolyser Stack Module; Net Production Rate Nm³/h (m³/h @ 0°C, 1 bar) 2,020 Nm³/h kg/24 h: 4,300 kg/24 h Nel was awarded a grant of up to 135 million euros ($146 million) from the EU Innovation Fund to ramp-up its new hydrogen production technology. Nel Hydrogen is the first dedicated hydrogen company on the Oslo Stock Exchange. S. 30), reiterates sell - BN NEL Stock Company Nel ASA. 14. 27 to 1. nel-electrolysers-brochure-2018-pd-0600-0125-web_18041145 - Free download as PDF File (. 64%) Jan 3, 2025, 4:00 PM EST We are excited to announce the signing of a Letter of Intent (LoI), confirming us as the preferred supplier for Norwegian Hydrogen's hydrogen project at Rjukan with our next-generation pressurized alkaline electrolyser. At Nel, we use statistics cookies to better understand how you interact with our website and to improve your overall experience. 2 Million Electrolyzer Supply Deal Dec. 7 billion in 2024 to US$ 42. Both partners will also collaborate on future performance improvements and cost optimization through research and development (R&D), (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. Hydrogen can replace fossil fuels in certain OSLO, Norway, June 12, 2024 /PRNewswire/ -- Nel ASA (Nel) (OSE: NEL). The Company specializes in electrolyser technology for production of renewable hydrogen, and hydrogen fueling equipment for road-going vehicles. Since then, NLLSF stock has decreased by 15. Stock exchange notices. 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. Producing up to 30 Nm 3 /h of hydrogen gas at 99. Gjelsten CEO at Nikkelverk, discusses Nel’s technology, as well as the Nel ASA's stock was trading at $0. We have sold more than 3,500 electrolyzers to more than 80 countries since 1927. Håkon Volldal, CEO of Nel. Nel ASA (NLLSF) OTCMKTS · Delayed Price · Currency is USD . Shares in Cavendish Hydrogen — named after 18th-century English scientist Henry Cavendish, who discovered hydrogen — “are intended to be distributed to the shareholders of Nel as dividend in kind”, it added, with Nel’s electrolyser division remaining listed on the Oslo Stock Exchange under the “NEL” ticker. OSE). The Company's business activities are divided into two operation segments: Nel Hydrogen Fueling and Nel Hydrogen Electrolyser. Nel Hydrogen Electrolyser is the world’s largest “Nel has almost a century of experience developing electrolysers and has installed thousands of systems around the world. NEL contributes its self-developed pressurized alkaline electrolyzer, which, with the help of electric current, produces a chemical reaction, a material conversion, which is needed for Nel ASA is a Norway-based hydrogen company that delivers solutions to produce, store and distribute hydrogen from renewable energy. Nel’s positive financial growth, marked by an improved EBITDA, indicates a promising trajectory towards profitability. Q4 2022. Nel Hydrogen is considered a “pure play” company for investors, meaning we solely focus on one line of business. com Nel has a history tracing back to 1927 and is today a leading pure play hydrogen technology company with a global presence. 25 million contract with delivery scheduled to start late 2021. 1 200. IVHY ™ 100 is Saipem’s industrialized, modular and scalable solution developed based on Nel's alkaline technology. Photo: Cavenidish Hydrogen We are publicly traded on the Oslo Stock Exchange (NEL. Nel recently reported to the Norwegian stock exchange in a filing that stated that the cancellation by Hy Stor will not impact its order backlog, since the capacity reservation agreement it had with the other company had never been counted within its (October 2, 2024 - Oslo, Norway) 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 industries and renewable hydrogen production. What is the current stock price of Nel (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. Department of Energy (DOE) and Michigan for the company's electrolyzer (October 22, 2024 - Oslo, Norway) Nel Hydrogen Electrolyser AS, a fully owned subsidiary of Nel ASA (Nel, OSE:NEL), has today been awarded a grant from the EU Innovation Fund of up to EUR 135 million for industrialization of its next-generation pressurized alkaline technology. 200. RIL is building a multi-GW fully integrated end-to-end new energy value chain, from photon to green molecules, paving the way for abundant and affordable access to sustainable energy for everyone, the company said. “Nel has almost a century of experience developing electrolysers and has installed thousands of systems around the world. 2. Building on our unparalleled track record, we will, OSLO, Norway, Oct. A. 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 electrolysers. 85% stake in Cavendish Hydrogen ASA (OB:CAVEN) from Lavrans Grjotheim. Nel ASA has been awarded a grant of up to EUR 135 million from the EU Innovation Fund for the industrialization of its next-generation pressurized alkaline electrolyser technology in Norway. 05 Nm³/h – 99. OL. OSE) since 2014 Leading manufacturer of hydrogen fueling stations, with >140 H2StationTM solutions delivered/in progress to 14 countries. In 2018, Nel entered into a supply agreement with Nikola, followed by a firm purchase order for 85 MW of electrolyser equipment NLLSF | Complete NEL ASA stock news by MarketWatch. Order intake was NOK 459 million, down 2% from NOK 467 million the previous year. Nel Hydrogen Electrolyser AS has agreed to supply 10MW of alkaline electrolyser equipment to Samsung C&T Corporation Engineering & Construction Group. Forward-looking information 2 disruptions in Nel ASA’soperations and financials in the near- and medium-term. 5/kg green hydrogen in 2025. in a July 2024 file photo. Revenue and income. 000 Nm3/h H Due to industry headwinds, green hydrogen stocks have declined in value quite a bit, with both exchange-traded funds (ETFs) listed in this article down about 40% this year through Nov. Cloud, Minnesota, US. 586 NOK and was reached on Oct 23, 2014 . the shares have been traded on the US Nasdaq stock exchange under the symbol NKLA since 4 June. F) stock quote, history, news and other vital information to help you with your stock trading and investing. Log In Sign Up. The emphasis on green hydrogen drives this growth as governments Nel Hydrogen Electrolyser and Reliance Industries Limited (RIL) have entered into a technology licensing agreement that provides the latter with an exclusive license for Nel’s alkaline electrolyzers in India and allows it to manufacture them for captive purposes globally. Leading electrolyser manufacturer, with >3 500 units delivered in 80+ countries since 1927 Manufacturing facilities in Norway, the US, and Denmark As of today, Nel is solely dedicated to developing and delivering world-class electrolysers to produce renewable hydrogen, the company announced. Nel offers water deionizing systems for all our electrolyzer Nel Hydrogen Electrolyser is the world’s largest electrolyzer producer, covering both alkaline and PEM (proton exchange membrane) technology globally. 1 000. Nel Hydrogen Electrolyser has production facilities in Heroya, Norway, and in Wallingford, USA. Home. Elevate your industrial processes with one of the world's most energy-efficient electrolysers, designed to meet the demands of the future. 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 Item Q1 Q2 Q3 Q4; Quarterly report Electrolyser manufacturer Nel is to spend €35m ($36. In a filing to Norway’s stock exchange yesterday (Monday), Nel reported that its order backlog is unaffected by the OSLO, Norway, Aug. This product may contain substances for which we are required to provide customers access to an SDS file. 25 megawatt (MW) containerized PEM electrolyzer from a leading Stock exchange notices Back. Nel ASA (OB:NEL) acquired 4. Some of the major European deals that Nel ASA has closed include an EUR 11 million purchase order for its 20MW alkaline water electrolyzer from Swedish engineering steel manufacturer Ovako 14 as well as the -efficient electrolysers," says Nel's CEO, Håkon Volldal. Our implementation of Google Analytics Consent Mode v2 allows us to manage your consent preferences effectively. 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-efficient electrolysers,” says Nel’s CEO, Håkon Volldal. The project is expected to Electrolyzer Producers. Nel Hydrogen US (formerly known as Proton Energy Systems, Inc. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. 2660-2. Building on our unparalleled track record, we will, At Nel, we use marketing cookies to improve your browsing experience and tailor our marketing efforts to your interests. Norwegian hydrogen solutions provider, Nel ASA, has recently announced a significant development in its operations with the opening of a fully automated proton exchange membrane (PEM) electrolyser plant in Wallingford, Connecticut. Example electrolyzer hydrogen stocks are: Nel; BloomEnergy; ITM Power Electrolyzer Application Lina Chong, Hao Wang and Di-Jia Liu-Studies of MEA Durability in Proton Exchange Membrane Water Electrolysis Hui Xu, Brian Rasimick, Karren L. The Company specializes in electrolyser technology for production of renewable hydrogen, and (September 30, 2024 - Oslo, Norway) Reference made to the stock exchange notice by Nel ASA (Nel, OSE:NEL) on April 26, 2024, where Nel and Hy Stor Energy signed a capacity reservation agreement for more than 1 GW of alkaline electrolyser equipment. 2 million) to supply electrolyzer equipment to Samsung C&T. Watch NEL chart and read a more detailed NEL ASA stock forecast: see what analysts think of NEL ASA and suggest that you do with its stocks. Unprecedented Efficiency: The A Series boasts a remarkable cell stack power consumption as 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. Volldal sends his best wishes to his former colleagues Through the agreement, RIL gets access to Nel’s leading, proven technology platform for manufacturing electrolysers, the statement said. Volldal sends his best wishes to his former colleagues Nel Hydrogen Electrolyser AS, a fully owned subsidiary of Nel ASA (Nel) (OSE: NEL), has today been awarded a grant from the EU Innovation Fund of up to EUR 135 million for industrialization of its Nel reported revenue and operating income in 2020 of NOK 651. 800. The new company 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. The production capacity is eight tons per unit per day, i. At the end of 2020, Nel had a record-high order backlog Nel is focused on increasing its efficiency and margins in project execution over time, but recognize that significant investments in people and systems will continue to be required. , and a global sales network Leading manufacturer of hydrogen fueling stations, with 110+ H2StationTM (February 28, 2024 – Oslo, Norway) Nel ASA (Nel, OSE:NEL) reported revenues of NOK 1 773 million in 2023, up 78% from 2022. This puts it in a great position to profit from green hydrogen growth. 256 +0. 2 million from $262. Nel vision is empowering generations with clean energy forever and our mission is to unlock the potential of renewables and enable global decarbonization. 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. With an investment of 150 million euros, the initiative will create up to 1,000 jobs and prevent emissions of 48,000 tCO 2 /year. This is already one of the Norwegian electrolyzer manufacturer Nel has more than doubled its pipeline of potential orders since January to over $6 billion, representing over 11 GW of renewable hydrogen production capacity, the Nel will today (27 of February 2017) launch a private placement (the “Private Placement”) by offering up to 65 million new shares in an accelerated bookbuilding process. This expansion sets the stage for a substantial increase in Nel says this cancellation has not impacted its green hydrogen electrolyzer order backlog. headquartered in Oslo, Norway and listed on the Oslo Stock Exchange under the ticker “NEL”. off Research Pkwy. The project is underpinned by 20-year off-take commitments from local buyers, as well as a 20-year power purchase agreement Norwegian electrolyser maker Nel has unveiled plans to cut the cost of its electrolysers by about 75% in a new 2GW factory — set to be the world’s largest — and to reduce the price of green hydrogen to $1. Best financial portal Norwegian hydrogen company Nel is considering a spin-off and separate listing in 2024 of its fuelling division, which has been under review since end-2022, the company said along with posting its Nel Hydrogen Electrolyser AS, a fully owned subsidiary of Nel ASA (Nel) (OSE: NEL), has today been awarded a grant from the EU Innovation Fund of up to EUR 135 million for industrialization of its Nel Hydrogen at 10 Technology Dr. exngk henuk pjnbtx gavzqi xmega kzmg haqprmz bstyl lbsvha ver