Related Articles
Jon Andre Lokke, Nel's CEO
Forward article link
Share PDF with colleagues

Nel Q3 electrolyser order backlog up 8pc

Leading pure-play electrolyser maker has 11GW of potential orders in pipeline and remains bullish on green hydrogen outlook

Norway-based electrolyser manufacturer Nel says its backlog of firm orders at the end of the third quarter was up 8pc year-on-year but down slightly on the previous quarter as orders are getting bigger and taking longer to close. The value of the order backlog stood at NOK1.01bn ($122mn), with order intake during the quarter totalling NOK139.2mn, according to Nel, the world’s largest pure-play hydrogen electrolyser maker by revenue. The company’s pipeline of potential orders continues to grow and now stands at a total of 11GW of capacity worth $6bn. The pipeline includes a single order for 1.6GW of electrolyser capacity, potentially Nel’s largest-ever single sale. “It is encouraging to se

Comments

Comments

{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}
Also in this section
China’s Daxing and GH2 cooperate on green hydrogen
18 January 2022
Chinese demonstration hub and international companies form alliance to drive deployment of green hydrogen globally
Woodside starts Feed study on US hydrogen project
18 January 2022
Australian firm targets FID on its most advanced project in second half of 2022
‘Sustainable’ gas taxonomy will affect hydrogen
18 January 2022
Medium-to-long-term outlook for clean hydrogen remains strong despite short-term disruption from gas market interplay
Sign Up For Our Newsletter
Project Data
Maps
PE Store
Social Links
Social Feeds
Featured Video