Nel breaks electrolyser order record with $46mn US deal

Norwegian firm to supply 200MW of alkaline electrolyser capacity to undisclosed US customer

Norwegian electrolyser manufacturer Nel has booked a €45mn ($46mn) order from an undisclosed customer in the US for 200MW of alkaline electrolyser capacity—its largest order to date. Production and delivery of the stacks is scheduled from February 2023 until mid-2024 from Nel’s main production facility at Heroya in Norway. Pending an engineering study, Nel could also have the opportunity to provide additional balance-of-plant equipment for the project. “[The order] will have a substantial, positive impact on Nel’s financials, electrolyser production and production cost, technology development and scale-up plans,” says Nel CEO Hakon Volldal. The electrolysers will be deployed at a “ground bre