NEL ASA (D7G.SG)

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As of 2:47:23 PM GMT+1. Market Open.

Nel ASA: Additional USD 29 million in tax credits for manufacturing expansion in Michigan

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.

PR Newswire 2 days ago

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Nel ASA: Receives another 10 MW purchase order from Samsung C&T

Nel Hydrogen Electrolyser AS, a subsidiary of Nel ASA (Nel, OSE:NEL), has signed a new 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 pilot for nuclear connected (pink) hydrogen production plant.

PR Newswire last month

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Nel ASA: Awarded EUR 135 million in grants for industrialization of next-generation electrolyser technology in 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. The technology is currently being prototyped, and the potential industrialization is planned at Herøya, Norway.

PR Newswire 2 months ago

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Nel ASA: Third quarter 2024 financial results

Nel ASA (Nel) (OSE: NEL) reported revenues of NOK 366 million in the third quarter of 2024, up 21% from NOK 303 million in the same quarter last year. EBITDA in the quarter was NOK -90 million (Q3 2023: -62). The Alkaline segment contributed positively to Group EBITDA, but this was more than offset by the negative contribution from the PEM segment due to unusually low revenues in the quarter. Order intake was NOK 161 million (Q3 2023: 338 million). At the end of the quarter the order backlog was

PR Newswire 2 months ago

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Nel ASA: Saipem presents solution for large-scale green hydrogen production, utilizing Nel's technology

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.

PR Newswire 3 months ago

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Nel ASA: A fully dedicated electrolyser company

Nel ASA (Nel) (OSE: NEL). As of today, Nel is solely dedicated to developing and delivering world-class electrolysers to produce renewable hydrogen.

PR Newswire 7 months ago

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Nel ASA: Receives purchase order from Alperia Greenpower SRL for hydrogen fueling equipment in Italy

A subsidiary of Cavendish Hydrogen ASA, itself a subsidiary of Nel ASA (Nel) (OSE: NEL) has received a purchase order from Alperia Greenpower SRL for hydrogen fueling equipment for one site to be used for light- and heavy-duty fuel cell electric vehicles in Bruneck, South Tyrol, Italy.

PR Newswire 7 months ago

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Nel ASA: Has signed a licensing agreement with Reliance

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). 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.

PR Newswire 7 months ago

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Nel ASA: Hy Stor Energy places gigawatt capacity reservation for Mississippi Clean Hydrogen Hub

OSLO, Norway, April 26, 2024 (GLOBE NEWSWIRE) -- 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. “We are thrilled to partner with Hy Stor Energy on the Mississippi Clean Hydrogen Hub. This project can enable significant carbon emission reductions and leave in its wake a blueprint for successful, large-scale green hydrogen projects,” said Nel’s President and CEO

GlobeNewswire 8 months ago

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Nel ASA: Nel and partners receive about USD 90 million in funding from DoE

Nel, (OSE:NEL). Today, Nel and its partners received around 90 USD million from the Department of Energy (DoE) for seven research and development projects. Nel is the leading partner on one of the projects. About 10 % of the work under the R&D programs will be undertaken by Nel.

PR Newswire 9 months ago

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Nel ASA: Receives additional USD 75 million in support for Michigan facility

Nel ASA (Nel) (OSE: NEL) - 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.

PR Newswire 9 months ago

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Nel ASA: Exploring a spin-off and separate listing of the Fueling division

Nel ASA (Nel) (OSE: NEL) has initiated a process to explore and prepare for a potential spin-off and separate listing of its Fueling division with the intention to create two independent pure-play companies aiming to become market leaders in their respective fields.

PR Newswire 10 months ago

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Nel ASA: Nel realigns relationship with Nikola and will support Fortescue on its 80 MW Phoenix Hydrogen Hub

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.

PR Newswire 11 months ago

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Nel ASA: Receives purchase order for 10 MW of electrolyser equipment from Samsung C&T

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.

PR Newswire 11 months ago

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Performance Overview

Return	D7G.SG	OBX Total Return Index
YTD	-16.43%	+5.39%
1-Year	-63.67%	+18.43%
3-Year	-85.97%	+28.61%

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NEL ASA (D7G.SG)

Nel ASA: Additional USD 29 million in tax credits for manufacturing expansion in Michigan

Nel ASA: Receives another 10 MW purchase order from Samsung C&T

Nel ASA: Awarded EUR 135 million in grants for industrialization of next-generation electrolyser technology in Norway

Nel ASA: Third quarter 2024 financial results

Nel ASA: Saipem presents solution for large-scale green hydrogen production, utilizing Nel's technology

Nel ASA: A fully dedicated electrolyser company

Nel ASA: Receives purchase order from Alperia Greenpower SRL for hydrogen fueling equipment in Italy

Nel ASA: Has signed a licensing agreement with Reliance

Nel ASA: Hy Stor Energy places gigawatt capacity reservation for Mississippi Clean Hydrogen Hub

Nel ASA: Nel and partners receive about USD 90 million in funding from DoE

Nel ASA: Receives additional USD 75 million in support for Michigan facility

Nel ASA: Exploring a spin-off and separate listing of the Fueling division

Nel ASA: Nel realigns relationship with Nikola and will support Fortescue on its 80 MW Phoenix Hydrogen Hub

Nel ASA: Receives purchase order for 10 MW of electrolyser equipment from Samsung C&T

Performance Overview