OSLO, Norway, March 27, 2025 /PRNewswire/ -- Nel Hydrogen US, a subsidiary of Nel ASA (Nel, OSE:NEL), has received a purchase order for PEM electrolyser stacks for about USD 6 million from Collins Aerospace to be used by the U.S. Navy to produce oxygen for critical life support onboard submarines.

"We are very proud of the long-standing partnership with Collins Aerospace and our exclusive supply agreement to produce equipment that is crucial for prolonged underwater submarine operations," says Nel's Chief Commercial Officer, Todd Cartwright.

OSLO, Norway, March 27, 2025 /PRNewswire/ -- Nel Hydrogen US, a subsidiary of Nel ASA (Nel, OSE:NEL), has received a purchase order for PEM electrolyser stacks for about USD 6 million from Collins Aerospace to be used by the U.S. Navy to produce oxygen for critical life support onboard submarines.

"We are very proud of the long-standing partnership with Collins Aerospace and our exclusive supply agreement to produce equipment that is crucial for prolonged underwater submarine operations," says Nel's Chief Commercial Officer, Todd Cartwright.

OSLO, Norway, March 20, 2025 /PRNewswire/ -- Nel Hydrogen US, a subsidiary of Nel ASA (Nel) (OSE: NEL), has received a purchase order for one 2.5 MW containerized PEM unit for the Aberdeen Hydrogen Hub project in the north-east of Scotland. The scalable green hydrogen production, storage and distribution facility powered by renewable energy, is being delivered through a joint venture between bp and Aberdeen City Council. Hydrasun awarded the contract following their successful bid to design and integrate the hydrogen refuelling station and associated infrastructure.

OSLO, Norway, March 20, 2025 /PRNewswire/ -- Nel Hydrogen US, a subsidiary of Nel ASA (Nel) (OSE: NEL), has received a purchase order for one 2.5 MW containerized PEM unit for the Aberdeen Hydrogen Hub project in the north-east of Scotland. The scalable green hydrogen production, storage and distribution facility powered by renewable energy, is being delivered through a joint venture between bp and Aberdeen City Council. Hydrasun awarded the contract following their successful bid to design and integrate the hydrogen refuelling station and associated infrastructure.

OSLO, Norway, March 12, 2025 /PRNewswire/ -- Nel ASA (Nel, OSE:NEL) has signed an EPC collaboration agreement that allows SAMSUNG E&A to offer its customers complete hydrogen plants of its own design using Nel's electrolysers. In a separate transaction, SAMSUNG E&A will purchase 10% of newly issued Nel ASA shares through a direct placement, implying a post transaction ownership of 9.1%. As a result of this transaction, SAMSUNG E&A will become the largest single shareholder in Nel.

Nel is a global leader within both alkaline and PEM electrolyser technology, working with clients both directly and through EPC partners. With the SAMSUNG E&A EPC collaboration agreement, Nel continues to widen its global delivery capabilities and strengthen its overall competitiveness.

OSLO, Norway, March 11, 2025 /PRNewswire/ -- Nel ASA (Nel, OSE:NEL) has signed an EPC collaboration agreement that allows SAMSUNG E&A to offer its customers complete hydrogen plants of its own design using Nel's electrolysers. In a separate transaction, SAMSUNG E&A will purchase 10% of newly issued Nel ASA shares through a direct placement, implying a post transaction ownership of 9.1%. As a result of this transaction, SAMSUNG E&A will become the largest single shareholder in Nel.

Nel is a global leader within both alkaline and PEM electrolyser technology, working with clients both directly and through EPC partners. With the SAMSUNG E&A EPC collaboration agreement, Nel continues to widen its global delivery capabilities and strengthen its overall competitiveness.

OSLO, Norway, March 11, 2025 /PRNewswire/ -- Nel ASA (Nel, OSE:NEL) has signed an EPC collaboration agreement that allows SAMSUNG E&A to offer its customers complete hydrogen plants of its own design using Nel's electrolysers. In a separate transaction, SAMSUNG E&A will purchase 10% of newly issued Nel ASA shares through a direct placement, implying a post transaction ownership of 9.1%. As a result of this transaction, SAMSUNG E&A will become the largest single shareholder in Nel.

Nel is a global leader within both alkaline and PEM electrolyser technology, working with clients both directly and through EPC partners. With the SAMSUNG E&A EPC collaboration agreement, Nel continues to widen its global delivery capabilities and strengthen its overall competitiveness.

OSLO, Norway, Jan. 21, 2025 /PRNewswire/ -- Nel Hydrogen US, a subsidiary of Nel ASA (Nel) (OSE: NEL), has received a purchase order for two containerized PEM electrolyser units for about USD 7 million. The two MC500 electrolysers, 2.5 MW each, will be used to produce hydrogen for a new steel mill in the US.

The undisclosed customer, one of the largest US steel producers, already uses Nel's PEM electrolysers to generate hydrogen at two other sites in the US.

"We are delighted to receive a purchase order from an existing customer, as it signifies their satisfaction with the performance of our electrolysers," says Nel's Chief Commercial Officer, Todd Cartwright.

OSLO, Norway, Jan. 21, 2025 /PRNewswire/ -- Nel Hydrogen US, a subsidiary of Nel ASA (Nel) (OSE: NEL), has received a purchase order for two containerized PEM electrolyser units for about USD 7 million. The two MC500 electrolysers, 2.5 MW each, will be used to produce hydrogen for a new steel mill in the US.

The undisclosed customer, one of the largest US steel producers, already uses Nel's PEM electrolysers to generate hydrogen at two other sites in the US.

"We are delighted to receive a purchase order from an existing customer, as it signifies their satisfaction with the performance of our electrolysers," says Nel's Chief Commercial Officer, Todd Cartwright.

OSLO, Norway, Jan. 12, 2025 /PRNewswire/ --  A subsidiary of Nel ASA (Nel), (OSE: NEL) has been awarded up to about USD 29 million in additional investment tax credits for its planned manufacturing expansion in Michigan as part of the Qualifying Advanced Energy Project Tax Credit (48C) program.

The 48C program is funded by the Inflation Reduction Act and managed by the US Department of Energy, the US Department of Treasury, and the Internal Revenue Service. A fully owned subsidiary of Nel ASA has now secured up to about USD 29 million in additional tax credits, equivalent to 30 % of the value of qualifying investments. Receipt is subject to conditions, such as wage and apprenticeship requirements.