Nel ASA: Securing the Future of Hydrogen
March 19, 2024, 9:36 pm
Location: United States, District of Columbia, Washington
Employees: 10001+
Founded date: 1977
Total raised: $45M
Nel ASA, a key player in the hydrogen industry, has recently received a substantial funding boost of around USD 90 million from the Department of Energy (DoE) for seven groundbreaking research and development projects. This injection of funds will not only accelerate Nel's innovation but also address critical challenges facing the hydrogen sector. With Nel leading the charge on one of the projects, the future of hydrogen looks brighter than ever.
The Department of Energy's support comes at a crucial time, as the world shifts towards sustainable energy solutions. Nel's Vice President for Research and Development, Kathy Ayers, expressed gratitude for the funding, highlighting its role in advancing Nel's R&D efforts and shaping the future of the hydrogen industry.
The funded projects cover a wide range of areas, from low-cost electrolysis to advanced membrane design and circular recycling for the hydrogen economy. These initiatives underscore Nel's commitment to driving innovation and sustainability in the hydrogen sector.
Nel, with a rich history dating back to 1927, has established itself as a leading hydrogen technology company with a global footprint. Specializing in electrolyser technology and hydrogen fueling equipment, Nel's products play a pivotal role in decarbonizing industries such as transportation, refining, steel, and ammonia.
The funding from the Department of Energy not only validates Nel's position as a key player in the hydrogen industry but also propels the company towards a greener, more sustainable future. As the world looks towards hydrogen as a clean energy solution, Nel's innovative projects funded by the DoE are set to make a significant impact on the industry.
With a focus on research and development, Nel is poised to lead the charge towards a hydrogen-powered future. The collaboration with partners and the support from the DoE signal a new era of innovation and progress in the hydrogen industry. As Nel continues to push boundaries and drive change, the future of hydrogen looks promising, with Nel at the forefront of this transformative journey.
The Department of Energy's support comes at a crucial time, as the world shifts towards sustainable energy solutions. Nel's Vice President for Research and Development, Kathy Ayers, expressed gratitude for the funding, highlighting its role in advancing Nel's R&D efforts and shaping the future of the hydrogen industry.
The funded projects cover a wide range of areas, from low-cost electrolysis to advanced membrane design and circular recycling for the hydrogen economy. These initiatives underscore Nel's commitment to driving innovation and sustainability in the hydrogen sector.
Nel, with a rich history dating back to 1927, has established itself as a leading hydrogen technology company with a global footprint. Specializing in electrolyser technology and hydrogen fueling equipment, Nel's products play a pivotal role in decarbonizing industries such as transportation, refining, steel, and ammonia.
The funding from the Department of Energy not only validates Nel's position as a key player in the hydrogen industry but also propels the company towards a greener, more sustainable future. As the world looks towards hydrogen as a clean energy solution, Nel's innovative projects funded by the DoE are set to make a significant impact on the industry.
With a focus on research and development, Nel is poised to lead the charge towards a hydrogen-powered future. The collaboration with partners and the support from the DoE signal a new era of innovation and progress in the hydrogen industry. As Nel continues to push boundaries and drive change, the future of hydrogen looks promising, with Nel at the forefront of this transformative journey.