Nel ASA: Awarded contract in Latvia for delivery of new dual hydrogen fueling solution for cars and buses

(Oslo, 28 September 2016) Nel Hydrogen Solutions, a division of Nel ASA (OSE: NEL), has been awarded a contract by SIA Hydrogenis, a leading hydrogen project developer in Latvia, for the delivery of the new dual capability H2Station®, which offers a combined hydrogen fueling solution for cars and buses in Riga.

“We are very pleased to have been awarded a contract to offer the H2Station® in Riga. Latvia represents an exciting market for Nel, and this is also the first customer where we provide a combined fueling solution for both cars and buses. This new dual vehicle fueling capability is an additional feature for our H2Station® product, maximizing the infrastructure utilization, volume throughput and return on investment, in one attractive solution,” says Jacob Krogsgaard, Senior Vice President of Nel Hydrogen Solutions.

The H2Station® bus fueling capability is offered as an add-on feature to fueling solutions for cars, or as a separate solution dedicated for fleets of buses, enabling simultaneous dual-pressure refueling at 700bar for cars and 350bar for buses.

Following the SIA Hydrogenis contract, Nel will deliver a turn-key hydrogen station solution, including storage facilities and dispensers for cars and buses.

The H2Station® contract has a total value or EUR 1.5 million and is planned for delivery in middle of 2017.

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