Nel ASA – Receives purchase order for 10 MW of electrolyser equipment from Samsung C&T.
Nel Hydrogen Electrolyser AS, a subsidiary of Nel ASA (Nel, OSE:NEL), has signed a contract for 10 MW of alkaline electrolyser equipment for about EUR 5 million with Samsung C&T Corporation Engineering & Construction Group (‘Samsung C&T’) for its first off-grid green hydrogen production project to be deployed in South Korea.
Håkon Volldal, Nel’s CEO, said:
We are thrilled to have been selected for this pilot project. Samsung C&T is dedicated to learning and developing within the green hydrogen industry, and we look forward to a productive and fruitful collaboration with the company.
Samsung C&T (Construction and Trading) focuses on global engineering, procurement, and construction. The company has signed several green hydrogen agreements and continues to strengthen its energy transition business portfolio.
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Byung Soo Lee, Samsung C&T’s Head of Energy Solution Business Unit, said:
The key to building our energy transition business portfolio is to secure reliable water electrolysis facilities.
“We are delighted to be able to build a partnership with Nel – a company with remarkable technology and history – through this contract. Samsung C&T hope that the two companies will be able to maintain close relations and continue cooperating in various overseas green hydrogen production projects,”
This is a firm purchase order for alkaline stacks and balance-of-stacks (BoS). The electrodes will be produced in the Herøya facility in Norway, the world’s first fully automated electrolyser production line.
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Nel ASA – Receives purchase order for 10 MW of electrolyser equipment from Samsung C&T. source
