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Nel ASA signs EUR 5 million contract with Samsung C&T for 10 MW alkaline electrolyser equipment

Dec 03, 2024over 1 year ago

Contract Type

contract

OsloManufacturingEnergyRenewable Energy

Description

Nel ASA, a subsidiary of Nel ASA, has signed a contract with Samsung C&T Corporation Engineering & Construction Group for the delivery of 10 MW of alkaline electrolyser equipment for a nuclear connected hydrogen production plant in Korea. This contract is the second collaboration between Nel ASA and Samsung C&T, focusing on the utilization of excess nuclear power generation for hydrogen production.

Company Information

Company

Nel Hydrogen

Location

Oslo, Oslo, Norway

About

Nel Hydrogen is the first dedicated hydrogen company on the Oslo Stock Exchange. We have our roots from the hydrogen activities of Norsk Hydro, dating back to 1927. Our main products are hydrogen production plants for industry and energy applications, hydrogen fueling stations for the transport sector, and power-to-gas/power-to-power solutions for the renewable industry.

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