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Nel ASA: Nel has selected Plymouth in Michigan for its next gigafactory PR Newswire OSLO, Norway , Sept. 26, 2023 /PRNewswire/ -- Nel has selected Plymouth Charter Township, a suburb of Detroit, Michigan , as the location for its next gigafactory. Fully dev...
2023-08-23 14:59:05 ET Summary Weaker than expected revenue and order growth trends have driven shares of clean hydrogen technology plays lower since 2021, including sharp declines for McPhy, ITM, Nel, and Plug Power. McPhy's first half results were mixed, with improved revenue bu...
2023-08-09 10:11:50 ET Summary The hydrogen industry is expected to play a key role in global decarbonization efforts, particularly in hard-to-abate sectors, and a major capacity increase is expected. The market for electrolyzers is highly competitive with few barriers to entry, a...
2023-07-18 13:18:05 ET Nel ASA (NLLSF) Q2 2023 Earnings Call Transcript July 18, 2023 02:00 AM ET Company Participants Hakon Volldal - Chief Executive Officer Wilhelm Flinder - Head of Investor Relations Kjell Bjornsen - Chief Financial Officer Conference C...
2023-07-18 02:22:17 ET Nel ASA press release ( OTCPK:NLLSY ): Q2 GAAP EPS of -NOK 0.20. Revenue of NOK 475 million (+159.6% Y/Y). Order intake was NOK 428 million, up 81% year-on-year, positively impacted by the large fueling contract for 16 stations to be deploy...
Nel ASA: Second quarter 2023 financial results PR Newswire OSLO, Norway , July 18, 2023 /PRNewswire/ -- Nel ASA (Nel), (OSE: NEL) reported record-high quarterly revenues of NOK 475 million in the second quarter of 2023, up 159% from NOK 183 mi...
Nel ASA: Receives additional funding from US Department of Defense, Engineer Research and Development Center- Construction Engineering Research Laboratory (ERDC-CERL) PR Newswire OSLO, Norway , July 9, 2023 /PRNewswire/ -- Reference made to the press release da...
Nel ASA: Receives purchase order for 16 hydrogen fueling stations to California PR Newswire OSLO, Norway , June 29, 2023 /PRNewswire/ -- Reference made to the press release issued on December 20, 2022 , regarding a Capacity Reservation Agreement (CRA). Nel ...
2023-06-11 07:36:51 ET Summary Nel ASA, a small Norwegian hydrogen company, has experienced a 20%+ decline since the author's initial recommendation to hold rather than buy. The hydrogen market is still under development and not yet mature, but the company presents potential at th...
Nel plans gigafactory in Michigan PR Newswire OSLO, Norway , May 3, 2023 /PRNewswire/ -- Today, Nel announced its plans to build a new automated gigawatt electrolyser manufacturing facility in Michigan . When fully developed, the facility will employ mor...
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OSLO, Norway, March 13, 2024 /PRNewswire/ -- Nel ASA (Nel) (OSE: NEL) - The US Department of Energy (DOE) and the state of Michigan have awarded...
Nel ASA: Nel and partners receive about USD 90 million in funding from DoE PR Newswire OSE-FILING OSLO, Norway , March 13, 2024 /PRNewswire/ -- Nel, (OSE:NEL). Today, Nel and its partners received around 90 USD million from the Department of Energy (D...
Nel ASA: Receives additional USD 75 million in support for Michigan facility PR Newswire OSLO, Norway , March 13, 2024 /PRNewswire/ -- Nel ASA (Nel) (OSE: NEL) - The US Department of Energy (DOE) and the state of Michigan have awarded a collective ...