Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • Green hydrogen
  • Blue hydrogen
  • Storage & Transportation
  • Consumption
  • Strategies & Trends
  • Finance
  • Women in Hydrogen 50
  • Podcasts
Search
Related Articles
EU waves through €400m Spanish green support scheme
Scheme will fund up to 345MW of electrolyser capacity through direct grants for up to ten years
European green projects in scramble for subsidies
European Hydrogen Bank auction is four times oversubscribed, while industry remains on pause in US amid IRA subsidy uncertainty
European oil and gas firms refocus hydrogen strategies
Companies reduce spending on hydrogen projects as they struggle to find demand
Hy24 enters North America with StormFisher investment
Leading European hydrogen investor commits $50m to green fuels developer amid continued uncertainty over US renewables policy
Letter from London: Equinor’s renewable reality check
Norwegian energy company slashes spending on low-carbon sectors as transition decelerates
US hydrogen industry may ultimately benefit from Trump
Sector awaits clarity on tax credits and loan programmes amid mixed signals from the Trump presidency
Hydrogen Market Databook 2025: Western Europe, part 2
The UK leads Western Europe in terms of active hydrogen project market share, but developments are planned across Italy, Spain, Portugal, the Netherlands and the Nordic countries
Letter on hydrogen: HSBC takes the plunge
Bank’s UK arm signs first deal to finance a green hydrogen developer, but cost and offtake pressures mean the sector remains too risky for many lenders
Letter on hydrogen: Five factors to watch in 2025
From politics to power and pipelines, the year ahead looks challenging for the emerging clean hydrogen sector
EU launches €1.2b green subsidy auction
European Hydrogen Bank’s second auction opens amid uncertainty over green hydrogen sector’s near-term prospects
Nel has seen major orders from US customers
Norway Finance Corporates
Polly Martin
1 March 2023
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

Nel takes FID on US electrolyser plant expansion

The manufacturer pushes further into the US with expansion and planned gigafactory, despite heavy losses over 2022

Norway’s Nel has taken FID on expanding its 50MW electrolyser manufacturing facility in Wallingford, Connecticut to 500MW by 2025. The expansion is estimated to cost NOK60mn ($25mn) and represents a push into the US, as Nel considers sites for a planned gigawatt-scale facility. The gigafactory will produce both alkaline and proton-exchange-membrane (PEM) electrolysers, with around 4GW of total production capacity. “We are considering three attractive alternatives in three different states and will make a final decision shortly,” says Nel CEO Hakon Volldal. The Wallingford facility produces PEM electrolysers, while Nel’s Heroya factory in Norway produces the alkaline variety. While the PEM ve

Also in this section
Letter on hydrogen: 45V on the brink?
14 May 2025
Defining moment for US hydrogen sector as House Republicans seek termination of green tax credits
A new standard for hydrogen, part 3
13 May 2025
Existing specifications have been a good starting point for standardisation of hydrogen quality, but they need rethinking—a 99.5 mol-% specification is a promising candidate
A new standard for hydrogen, part 2
12 May 2025
The sector needs a standard covering hydrogen quality for the entire value chain, but no single hydrogen quality covers the needs of all stakeholders
A new standard for hydrogen, part 1
9 May 2025
Hydrogen quality is an increasingly important area for the sector. Though well-established standards are in place, they typically cover only certain parts of assets and value chain

Share PDF with colleagues

COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search