Nel ASA: Receives purchase orders for three additional hydrogen fueling stations in Korea

(Oslo, 8 June 2020) Nel Korea Co., Ltd., a subsidiary of Nel ASA (Nel, OSE:NEL) has received a purchase order from Hydrogen Energy Network Co., Ltd. (HyNet) for three additional H2Station® hydrogen fueling stations in Korea.

"We are happy to receive the purchase orders for three additional hydrogen fueling stations. It is another milestone after we went operational with our first H2Station® in Chungbuk province last week", says Yong-Kyu Lee, Sales Director for Nel Korea.

The value of the purchase order is around EUR 4 million. HyNet is a special purpose company established to roll out 100 hydrogen fueling stations in Korea by 2022, as part of the national ambition in Korea to have more than 300 stations operational by the same year.