Nel ASA: Enters into contract to deliver a 3.5 MW alkaline electrolyzer

Fri, Aug 30, 2019 16:18 CET

(Oslo, 30 August 2019) Nel Hydrogen Electrolyser AS, a subsidiary of Nel ASA (Nel, OSE:NEL) has entered into a contract to deliver a 3.5 MW alkaline electrolyzer to a large, international energy company.

Further details on the project will be released at a later point in time. The value of the contract is approximately USD 4 million, and the electrolyzer is scheduled to be installed during 2020.