Nel ASA – Receives purchase order for 10 MW of electrolyser equipment from Samsung C&T
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.
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.