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News from Norway



No More Stake: Nel ASA Sells Shares In Nikola

17 Aug 2022 17:16 | Oslo, Norway - Norway's Nel ASA has divested all its shares in the US-based Nikola Corporation. The hydrogen company further announced that a total of approximately 1.1 million Nikola shares have been sold for a total value of approximately USD 7.5 million. read more...


Q2 Figures: Nel ASA Increases Turnover - EBITDA Negative - Growth Strategy Continues

12 Aug 2022 08:42 | Oslo, Norway - Nel ASA has presented its figures for the second quarter of 2022. The hydrogen company was able to increase sales significantly, EBITDA decreased compared to the same quarter last year. read more...


Nel ASA Receives Record Size Purchase of Electrolyser Equipment

20 Jul 2022 14:11 | Oslo, Norway - Nel Hydrogen Electrolyser AS, subsidiary of Norway's Nel ASA, has received the largest order ever for the supply of electrolysers for hydrogen production from an undisclosed US customer. The record order includes alkaline electrolysers with a capacity of 200 MW for industrial applications. read more...


Green Ammonia - Nel ASA Receives Purchase Order For an Alkaline Electrolyser

08 Jul 2022 18:35 | Oslo, Norway - Nel Hydrogen Electrolyser AS, a subsidiary of Nel ASA, has received a purchase order for an alkaline electrolyser system from Skovgaard Energy Aps in Lemvig in Western Jutland, Denmark. The electrolyser system will be used for production of green ammonia. read more...


Nel ASA: Enova Funding Provides Breakthrough for Hydrogen Project in Glomfjord

24 Jun 2022 14:40 | Oslo, Norway - Enova announced that Glomfjord Hydrogen, where Nel owns 23 percent of the shares, will receive up to NOK 150 million in funding as one of five maritime hydrogen hubs along the Norwegian coastline. read more...


World Premiere: Nel ASA Launches Fully Automated Manufacturing Of Electrolyzers For Hydrogen Production

21 Apr 2022 08:36 | Oslo, Norway - The share of green hydrogen will increase significantly worldwide in the future. One prerequisite for this is that electrolysers become mass-produced, industrially manufactured and cheaper due to economies of scale. Norway's Nel ASA has now announced the official opening of the world's first fully automated electrolyzer production plant. read more...


Share Slumps: Nel ASA With Weak Figures For Fiscal Year 2021

28 Mar 2022 09:48 | Oslo, Norway - Norwegian hydrogen company Nel ASA has reported financial results for 2021. Global travel restrictions, supply chain disruptions and extraordinary measures related to the Covid 19 pandemic have weighed on the company. read more...


Urban Mobility: Nel ASA Receives Order For Several Hydrogen Fueling Station Modules From France

24 Mar 2022 09:42 | Oslo, Norway - Nel Hydrogen Fueling, a subsidiary of Norwegian hydrogen company Nel ASA, has received an order from French hydrogen joint venture Hysetco for several hydrogen fueling station modules of the type H2StationTM. read more...


Siemens Gamesa Preferred Supplier For Polish Offshore Wind Farms

23 Feb 2022 16:12 | Stavanger, Norway - In Poland, the expansion of offshore wind energy continues to gain momentum. Norwegian energy company Equinor and Polish partner Polenergia have selected a preferred wind turbine supplier for two projects. read more...


Business Figures: Nel ASA Increases Sales In Q4 And Full Year, Losses Widened

17 Feb 2022 13:10 | Oslo, Norway - Nel ASA has reported figures for the fourth quarter of 2021. The Norwegian hydrogen company's revenue is 248.1 million Norwegian kroner (NOK) (USD 27.9 million), compared to NOK 229.1 million (USD 25.75 million) in the same quarter of 2020. read more...