90 million in U.S. funding for hydrogen innovation at Nel ASA

Nel and its partners receive $90 million from the DoE for seven R&D projects. A major step forward for hydrogen.

Share:

Hydrogène Nel Financement

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

Norwegian hydrogen company Nel ASA announces funding of almost 90 million USD from the US Department of Energy (DoE). This targeted financial assistance will support seven research and development projects crucial to the future of the hydrogen industry. Nel will lead one of these projects, affirming the importance of this collaboration in accelerating innovation. “We are grateful for this support from the DoE, which will boost our R&D,” says Kathy Ayers, Vice President of R&D at Nel.

Flagship projects and collaborations

Among the projects funded, Nel is a leader in key areas. At a time when electrolyzer projects are on the increase worldwide, the Norwegian company is working on improving AEM electrolyzers, as well as on the design of transport layers and the development of sustainably economical components. These initiatives are aimed at reducing the costs and increasing the efficiency of hydrogen technologies, fundamental aspects in making green hydrogen available on a wider scale. “The energy transition gets a boost from these projects,” adds Ayers.

A new production site in Michigan

Michigan stands out as a major player in this initiative, with a combined contribution of 75 million USD in incentives and subsidies for Nel’s future electrolyser plant. Håkon Volldal, President and CEO of Nel, emphasizes the importance of this collaboration for the establishment of the plant, which promises to create green jobs and make a significant contribution to the energy transition.

Impact and workforce development

The DoE investment, in partnership with General Motors and educational institutions, is aimed at increasing domestic electrolyser production capacity and developing an industrial training program. This support is complemented by direct investment from the State of Michigan, underlining the company’s commitment to leading the transition to clean energy. “This investment is creating more than 500 high-paying technical jobs,” says Governor Whitmer.

The financial commitment of the DoE and the State of Michigan to Nel underlines the conviction in the potential of hydrogen as a pillar of the energy transition. This collaboration marks a turning point for the hydrogen industry, highlighting the crucial role of innovation and government support in achieving future energy goals.

Ahead of Hyd’Occ’s commissioning, Qair hosts hydrogen sector operators and decision-makers in Béziers to coordinate the industrial integration of local production into regional transport.
Plug Power has signed a supply agreement with Allied Biofuels to equip a sustainable fuel production site in Uzbekistan, bringing total contracted capacity with Allied partners to 5 GW.
RIC Energy and Siemens have signed a strategic agreement to develop industrial projects in renewable hydrogen, sustainable aviation fuel, and green ammonia, focusing on two key sites in Spain.
Element One obtains an exclusive option to acquire up to 100% of Stone to H2, a New York-based company holding patented technology for hydrogen and critical mineral extraction from ultramafic rock.
Elogen will supply a 1 MW PEM electrolyser for a cogeneration plant operated by Veolia Energia Slovensko, in partnership with RoyalStav, near Žiar nad Hronom.
Researchers have designed a system that combines two ammonia production technologies to reduce costs, optimise industrial efficiency and significantly cut greenhouse gas emissions.
U.S.-based Utility will build a hydrogen production and certification facility in Seongnam, using biogas, marking a strategic step for the expansion of its H2Gen® technology in the South Korean market.
HTEC has inaugurated a clean hydrogen production facility in Burnaby, British Columbia, marking the launch of the province’s first commercial-scale electrolyzer, with a combined production capacity of 1.8 tonnes of clean hydrogen per day.
Buscando Resources officially becomes Element One Hydrogen and Critical Minerals Corp. and completes a C$1.03mn fundraising through a three-tranche private placement.
The partnership includes local manufacturing in Poland of electrolysis systems using Elogen’s technology, with deliveries targeting the Europe, Middle East and Africa markets.
Vema Hydrogen has been named a qualified supplier by the First Public Hydrogen Authority to deliver clean hydrogen at industrial scale to California’s public and private infrastructure.
Le groupe français HRS a signé une commande pour la livraison d'une station hydrogène haute capacité, renforçant sa présence dans un réseau en expansion à l’échelle européenne.
With a $14mn investment, Enap progresses on the construction of its first green hydrogen plant, expected to be operational in early 2026 in the Magallanes region of southern Chile.
Plug completed the first delivery of 44.5 tonnes of hydrogen for the H2CAST project in Germany and secured a new contract for an additional 35 tonnes, confirming its logistical capabilities in the European market.
Gushine Electronics has opened a lithium battery plant in Vietnam, with an estimated annual production value of $100 mn, marking a new phase in the international deployment of its industrial capacities.
Indonesian nickel producer Anugrah Neo Energy Materials plans a $300mn IPO in December to finance its growing battery materials operations.
Sultan Qaboos University announces a breakthrough in water electrolysis using new rare-metal catalysts, improving production efficiency by more than 30%.
Standard Lithium a sécurisé $130mn via une émission d’actions ordinaires pour financer ses projets d’extraction de lithium en Arkansas et au Texas, consolidant sa position sur le marché nord-américain des métaux stratégiques.
Asset manager Quinbrook expands its North American portfolio with a first Canadian investment by acquiring a strategic stake in developer Elemental Clean Fuels.
Lhyfe commissions a 10 MW site in Schwäbisch Gmünd, its first in Germany, to supply RFNBO-certified green hydrogen to industrial and heavy mobility clients.

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.