Norwegian Hydrogen Specialist Gains Momentum with Swiss Order Surge

Shares of Nel ASA registered significant gains in today’s trading session following confirmation of a third consecutive major equipment order from Swiss partner H2 Energy. This recurring business underscores the Norwegian hydrogen technology company’s expanding footprint within Europe’s eco-energy sector and demonstrates growing commercial traction for its solutions.

Nel Hydrogen US, a subsidiary of Nel ASA, announced this morning it had received a firm purchase order for a containerized MC500 2.5 MW PEM electrolyzer system. This transaction represents the third identical system ordered by H2 Energy within a very short timeframe, signaling robust and repeated demand.

The equipment is destined for installation with the waste management association in Buchs, Switzerland. At this location, H2 Energy is constructing... Read more...