Press release

Awarded EUR 1 million grant for H2Station® technology development

(Oslo, 18 October 2016) Nel Hydrogen A/S, a subsidiary of Nel ASA (Nel, OSE:NEL) has been awarded an R&D grant of EUR 1 million from the Danish Energy Technology Development and Demonstration Program (EUDP) for continued H2Station® hydrogen technology development.

”We are pleased to receive continued support from the Danish EUDP program for our H2Station® fueling technology. The support will contribute to our continued efforts in advancing the technology and reducing cost of dispensed hydrogen,” states Jacob Krogsgaard, Senior Vice President of Nel Hydrogen Solutions.

EUDP funding is awarded to support development and demonstration of new energy technologies and related research, upon a thorough third-party evaluation process. The EUDP support for Nel efforts on advancing H2Station® technology is therefore a recognition of the relevance of hydrogen fueling in contributing to achieving Danish environmental goals.

News from the Danish Ministry of Energy, Utilities and Climate:

http://efkm.dk/aktuelt/nyheder/nyheder-2017/oktober-2017/eudp/ 

http://presse.ens.dk/pressreleases/183-mio-kr-til-fremtidens-energiteknologi-2220331 

This article was originally posted on news.cision.com - View the original article

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