Nel ASA: Receives purchase order for an alkaline electrolyser in Europe

(Oslo, 28 March 2022) Reference is made to the commercial update from Nel ASA (Nel, OSE:NEL) on 23 March 2022. Nel Hydrogen Electrolyser AS, a subsidiary of Nel ASA, has now received a firm order for an alkaline electrolyser system from an undisclosed European customer to provide green hydrogen to the European market.

Nel Hydrogen Electrolyser AS has received a contract for an alkaline electrolysis hydrogen production unit to be delivered to an innovative project that will distribute green hydrogen to multiple clients.

The purchase order has a value of approximately EUR 3 million.