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Nel ASA: Enters into contract on H2StationĀ® for Heavy Duty Vehicles in the U.S.

(Oslo, 30 January 2019) Nel Hydrogen Inc., a subsidiary of Nel ASA (Nel, OSE:NEL), has entered into a contract for delivery of a H2StationĀ® solution for fueling of heavy-duty vehicles in the US.

ā€œWe are happy to have secured a significant H2StationĀ® order for fueling of heavy duty vehicles in the U.S. As the deployment of hydrogen as a fuel for the heavy-duty sector is moving faster than expected, we are also gearing up our efforts and technology developments more toward offering solutions that can accommodate growth in this segment,ā€ says Jon AndrĆ© LĆøkke, Chief Executive Officer of Nel.

The H2StationĀ® order has a total value of more than $6 million. The H2StationĀ® equipment will be deployed in the U.S. and will be capable of fueling both heavy duty trucks as well as light duty vehicles. The work related to the contract will start soon and exact delivery time to be agreed. The customer has requested to remain unnamed, and further details will be released at a later point in time. Ā 

ā€œIt is a pleasure to support our customer in their hydrogen deployment in the U.S., and it is encouraging to see an increasing number of industry wide initiatives shifting away from diesel as a fuel over to renewable hydrogen for heavy-duty applications,ā€ says LĆøkke.

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