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Nel invests in 1 GW of pressurised alkaline electrolysis at Herøya site

Nel ASA launches the industrial phase of its pressurised alkaline technology, with an initial 1 GW production capacity and EU support of up to EUR135mn ($146mn).

Nel invests in 1 GW of pressurised alkaline electrolysis at Herøya site

SectorÉnergie Hydrogène, Électrolyse
ThemeInvestissements & Transactions, Financement, Développement de projets

Nel ASA has announced the final investment decision for the industrialisation of its Next Generation Pressurised Alkaline platform at its Herøya site in Norway. The project marks the culmination of a seven-year technology development programme. The first production line will target a capacity of 1 gigawatt (GW), supported by a European Union grant of up to EUR135mn ($146mn), covering up to 60% of eligible capital expenditure and operational costs.

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Énergie Hydrogène