Nel and Statkraft pave the way for a green hydrogen value chain in Norway
(Oslo, Norway - January 6, 2023) Hydrogen technology company Nel and Europe’s largest supplier of renewable energy, Statkraft, newly signed a contract for delivery of 40 MW electrolysers and will thus collaborate to create a strong value chain for production of green hydrogen in Norway.
“We are determined that we will contribute towards making Norway a leading producer of renewable hydrogen, and to establish an eco-system of electrolyser and equipment suppliers,” says Nel’s CEO Håkon Volldal and CEO of Statkraft, Christian Rynning-Tønnesen.
The announcement was made in connection with the German Vice Chancellor Robert Habeck’s visit to Nel’s fully automated electrolyser manufacturing facility at Herøya in Norway. The Norwegian Minister of Trade and Industry, Jan Christian Vestre, is also joining the delegation together with his colleague, Minister of Energy and Petroleum, Terje Lien Aasland. The ministers are enthusiastic about the two companies’ plans for a green hydrogen value chain in Norway.
“It is encouraging that leading Norwegian players such as Nel and Statkraft are planning value chains for green hydrogen in Norway. This is an important step in the right direction to achieve our ambitions to build a coherent value chain for hydrogen and facilitate the production of hydrogen with no or low emissions to cover the national demand for hydrogen”, says Minister of Petroleum and Energy Terje Aasland.
Statkraft recently placed a purchase order for 40 MW of alkaline electrolyser equipment from Nel. The electrolyser stacks will be produced at Nel’s manufacturing plant at Herøya and used for the production of renewable hydrogen in one of Statkraft’s many hydrogen projects.
As Europe’s largest supplier of renewable energy, Statkraft has the ambition to accelerate its annual development rate to 4 GW of new power production per year and to add 2 GW of renewable hydrogen production by 2030. In Norway Statkraft will strengthen its efforts in developing new renewable power production as well as flexibility within hydropower and wind power both on- and offshore.
“The contract with Nel is the first important step in materializing our ambitious target of 2 GW of green hydrogen and securing production capacity for our diverse pipeline of hydrogen projects,” says Rynning-Tønnesen.
Volldal is very excited to have Statkraft on the customer list.
“Statkraft is Europe’s largest producer of renewable energy and a well reputed and highly knowledgeable renewable energy company with an ambitious growth agenda. We are extremely proud that they have elected us as a supplier of green hydrogen technology,” Volldal says.
“With this and other orders Nel is strengthening its position as a leading supplier and exporter of hydrogen equipment, which is crucial for the green transition in Europe and beyond, and for the development of new green jobs in Norway,” Volldal says.
Statkraft is a leading company in hydropower internationally and Europe’s largest generator of renewable energy. The Group produces hydropower, wind power, solar power, gas-fired power and supplies district heating. Statkraft is a global company in energy market operations. Statkraft has 5.000 employees in 20 countries.
For additional information, please contact:
Kjell Christian Bjørnsen, CFO - Nel ASA, +47 917 02 097
Wilhelm Flinder, Head of Investor Relations - Nel ASA, +47 936 11 350
Lars Nermoen, Head of Communications - Nel ASA, + 47 902 40 153
Bjørn Holsen, Senior Vice President Hydrogen - Statkraft, +47 415 53 715
Geir Fuglseth, Communications Manager - Statkraft, + 47 913 70 572
To view this piece of content from www.globenewswire.com, please give your consent at the top of this page.
To view this piece of content from ml-eu.globenewswire.com, please give your consent at the top of this page.
About GlobeNewswire by notified
One Liberty Plaza - 165 Broadway
NY 10006 New York
GlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.
Subscribe to releases from GlobeNewswire by notified
Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from GlobeNewswire by notified
Opsigelse af aftale med Kapitalforeningen BLS Invest29.3.2023 09:30:00 CEST | pressemeddelelse
Som følge af ny forretningsmodel har Nykredit Portefølje Administration A/S besluttet at opsige aftalen mellem selskabet og Kapitalforeningen BLS Invest. Aftalen vil ophøre senest ved udgangen af 2024. Nykredit Portefølje Administration A/S vil fortsat varetage forvaltningen af foreningen i opsigelsesperioden i henhold til aftalen. Yderligere spørgsmål kan rettes til pressechef Rikke Gredsted Seidenfaden, tlf. 27 58 95 88. Med venlig hilsen Nykredit Portefølje Administration A/S Erling Skorstad Tage Fabrin-Brasted Adm. Direktør Direktør
Opsigelse af aftale med Investeringsforeningen Investin29.3.2023 09:30:00 CEST | pressemeddelelse
Som følge af ny forretningsmodel har Nykredit Portefølje Administration A/S, besluttet at opsige aftalen mellem selskabet og Investeringsforeningen Investin. Aftalen vil ophøre senest ved udgangen af 2023. Nykredit Portefølje Administration A/S vil varetage administrationen af foreningen i opsigelsesperioden. Yderligere spørgsmål kan rettes til pressechef Rikke Gredsted Seidenfaden, tlf. 27 58 95 88. Med venlig hilsen Nykredit Portefølje Administration A/S Erling Skorstad Tage Fabrin-Brasted Adm. Direktør Direktør
Midaxo Expands Cloud-Native M&A Platform to Support All Forms of Corporate Dealmaking29.3.2023 09:07:00 CEST | Press release
Corporate development teams can now find, evaluate, and deliver deal value faster on the first purpose-built Corporate Development Cloud BOSTON, March 29, 2023 (GLOBE NEWSWIRE) -- Midaxo, provider of the leading software platform for corporate dealmaking, today announced the launch of the new Midaxo Corporate Development Cloud. After a decade as the leading software solution for companies managing their M&A activity, Midaxo now supports the entire global corporate development team across all deal types to enable them to find, evaluate, and deliver deal value faster and more efficiently than ever before. Built on a foundation of AI, machine learning (ML), and process automation, the Midaxo Corporate Development Cloud simplifies and accelerates corporate dealmaking processes and provides centralized oversight across all deal pipelines. The new Midaxo platform leverages learnings from over 500 Midaxo customers that have completed more than 5,000 transactions worth in excess of $1 trillion
Notification of managers and closely related parties’ transactions with A.P. Møller - Mærsk A/S shares in connection with share buy-back program29.3.2023 08:50:55 CEST | Press release
In connection with the announced share buy-back program in A.P. Møller - Mærsk A/S, A.P. Møller Holding A/S continuously sells shares pro rata and the market is to be informed accordingly – see the attached file. Attachment APMM Share buy-back APMH sale 28032023
Indberetning af ledende medarbejderes og disses nærtståendes transaktioner med A.P. Møller - Mærsk A/S aktier i forbindelse med aktietilbagekøbsprogram29.3.2023 08:50:55 CEST | pressemeddelelse
I forbindelse med det annoncerede aktietilbagekøbsprogram i A.P. Møller - Mærsk A/S sælger A.P. Møller Holding A/S løbende aktier pro rata og markedet informeres følgeligt herom - se vedhæftede fil. Vedhæftet fil APMM Aktietilbagekøbsprogram APMH salg_28032023