New NEL Hydrogen AS, a 100 % subsidiary of NEL ASA (the Company) and a
global leader in the supply of large scale hydrogen-based atmospheric
electrolyser plants for industrial / energy purposes, announces today
that it has received a purchase order for one hydrogen plant to be
delivered in South America, to a new client of the Company. The
agreement has a firm value of approximately NOK 12 million, and may be
extended to a further four plants in the future.
About the Company:
NEL ASA is a leading global supplier of hydrogen technology for
industrial / energy purposes, and its electrolyser technology has been
delivered to more than 500 plants in more than 50 countries. The
Company's main products are hydrogen production plants based on water
electrolysis, complete hydrogen stations for transport and renewable
energy storage solutions. The Company has its roots from the hydrogen
activities of Norsk Hydro, which dates back to 1927. The Company also
has a number of patents related to tests for early detection and
diagnosis of diseases.
Contact:
Lars Christian Stugaard
CEO
+47 23 01 49 06
+47 47 63 05 22
This information is subject of the disclosure requirements pursuant to
Section 5-12 of the Norwegian Securities Trading Act.