Nel ASA

[1] Nel is a global company providing solutions[buzzword] for the production, storage and distribution of hydrogen from renewable energy sources.

Together with PowerCell Sweden and Hexagon Composite, Nel founded the Hyon joint venture in September 2017 with the aim of establishing fuel cell-powered vehicles in the maritime sector in particular.

[6] Nel is currently involved in several projects worldwide, including the commissioning of the first hydrogen-powered train in Germany as part of the H2 West Coast Consortium.

[7] In February 2019, it became known that a framework agreement for Switzerland had been concluded with Hyundai Motor Company for the supply of 60 - 80 MW of a total of 1,000 expected trucks in the first phase and hydrogen required for other applications.

NEL contributes its self-developed pressurized alkaline electrolyzer, which, with the help of electric current, produces a chemical reaction, a material conversion, which is needed for fertilizer production.