Nel ASA

NEL

NO0010081235

Renewable Energy Equipment & Services

Market Closed - Oslo Bors Other stock markets 10:45:00 2025-06-20 am EDT			5-day change	1st Jan Change
2.440 ^NOK	+1.58%		+4.99%	-9.76%

May. 26	Nel ASA Appoints Gyuyeon Kang to the Board of Directors	CI
May. 14	NEL : Lack of orders a crucial overhang, financial runway available, but FIDs needed

Nel ASA: SAMSUNG E&A launches its CompassH2 hydrogen plant solution, utilizing Nel's alkaline technology

Published on 05/15/2025 at 04:23

(May 15, 2025 - Oslo, Norway) SAMSUNG E&A has unveiled the CompassH2, a new
hydrogen plant concept built to achieve industry-leading performance and cost
-efficiency by offering an integrated solution covering every phase of the value
chain. The concept is based on Nel's electrolyser technology, further validating
Nel's competitiveness in large-scale applications.

"We are very pleased with the partnership with SAMSUNG E&A, where they are now
commercializing its solution utilizing Nel's technology as they expand into
large-scale electrolyser-based hydrogen production," says Håkon Volldal,
President and CEO of Nel.

SAMSUNG E&A will present its solution at the Nel booth at the World Hydrogen
Summit in Rotterdam, May 21[st] at 11:00 CET.

Read the full announcement from SAMSUNG E&A
here (https://www.samsungena.com/en/newsroom/news/view?idx=15707).

ENDS


For additional information, please contact:
Wilhelm Flinder, Head of IR, Communications and Marketing, +47 936 11 350

About Nel ASA | www.nelhydrogen.com
Nel has a history tracing back to 1927 and is today a leading pure play hydrogen
electrolyser technology company with a global presence. The company specializes
in Alkaline and PEM technology for production of renewable hydrogen. Nel's
product offerings are key enablers for a green hydrogen economy, making it
possible to decarbonize various industries such as transportation, refining,
steel, and ammonia.

Click here for more information

Latest news about Nel ASA

Nel ASA Appoints Gyuyeon Kang to the Board of Directors	May. 26	CI
NEL : Lack of orders a crucial overhang, financial runway available, but FIDs needed	May. 14
Wind Energy Stocks Gain on Better-Than-Feared U.S. Clean Energy Tax Plan	May. 13	DJ
Norwegian utility Statkraft halts new green hydrogen developments	May. 08	RE
Kepler Cheuvreux lowers its target price for Nel to NOK 1.60 (2), reiterates its downgrade	May. 02	FW
Nel Unit's Deal with Norwegian Renewable Energy Producer Statkraft Falls Through	Apr. 30	MT
Nel ASA Says Statkraft Has Cancelled The 40 MW Alkaline Electrolyser Contract	Apr. 30	RE
Nel ASA, Q1 2025 Earnings Call, Apr 30, 2025	Apr. 30
Nel Q1 EBITDA Loss NOK 115 Mln	Apr. 30	RE
Nel's operating profit declined more than expected	Apr. 30	FW
Nel ASA Reports Earnings Results for the First Quarter Ended March 31, 2025	Apr. 30	CI
NEL ASA : RBC is Neutral	Apr. 28	ZD
Morgan Stanley lowers target price for Nel to NOK 2 (3.50), reiterates Underweight - BN	Apr. 23	FW
Nel's US Arm Books $6 Million Order for PEM Electrolyzer Stacks from Collins Aerospace	Mar. 28	MT
NEL ASA Receives Purchase Order From Collins Aerospace For U.S. Navy Stacks	Mar. 27	RE
NEL ASA Receives Purchase Order From Collins Aerospace For U.S. Navy Stacks	Mar. 27	RE
Nel ASA Says Receives Purchase Order From Collins Aerospace For U.S. Navy Stacks	Mar. 27	RE
Norway's Nel ASA Unit to Supply Electrolyzer for BP Hydrogen Hub	Mar. 20	MT
Nel Receives Order For One PEM Electrolyser in US	Mar. 20	RE
NEL ASA : Bernstein remains Neutral	Mar. 12	ZD
Nel, Samsung E&A to Develop Complete Hydrogen Plants	Mar. 12	MT
Nel Signs Collaboration Agreement, Conducts Private Placement With Samsung E&A	Mar. 12	RE
Nel partners with Samsung company - which also becomes new major shareholder	Mar. 11	FW
Nel ASA Signs Collaboration Agreement	Mar. 11	CI
Nel ASA announced that it expects to receive NOK 353.06747 million in funding from Samsung E&A Co., Ltd.	Mar. 10	CI

Nel ASA is a Norway-based hydrogen company that delivers solutions to produce, store and distribute hydrogen from renewable energy. The Company specializes in electrolyser technology for production of renewable hydrogen, and hydrogen fueling equipment for road-going vehicles. The Company's business activities are divided into two operation segments: Nel Hydrogen Fueling and Nel Hydrogen Electrolyser. The Nel Hydrogen Fueling segment is a manufacturer of hydrogen fueling stations for Fuel Cell Electric Vehicles. Nelâs H2Station manufacturing plant is located in Herning, Denmark. The Nel Hydrogen Electrolyser segment is a global supplier of hydrogen production equipment based on both alkaline and proton exchange membrane (PEM) water electrolysis technology. Nel Hydrogen Electrolyser has production facilities in Heroya, Norway, and in Wallingford, USA.

Employees

394

Sector

Renewable Energy Equipment & Services

Calendar

Jul. 16 - Q2 2025 Earnings Release

More about the company