Nel to Cut Jobs and Halt Some Production Amid Slow Hydrogen Market
Nel will cut jobs and temporarily halt production at its alkaline production facility in Heroya, Norway, as it begins to adjust capacity to demand. The news sent shares in the Norwegian hydrogen ...
Nel ASA: Additional USD 29 million in tax credits for manufacturing expansion in Michigan
A subsidiary of Nel ASA (Nel), (OSE: NEL) has been awarded up to about USD 29 million in additional investment tax credits for its planned manufacturing expansion in Michigan as part of the Qualifying ...
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Pink hydrogen, produced for the first time in history: It’s a dangerous energy source
The experimental project is a great step forward in hydrogen technology, integrating the most innovative electrolyser systems of Nel and nuclear energy infrastructure in Korea. The demo facility is ...
RBC Capital Remains a Hold on NEL ASA (NLLSF)
RBC Capital analyst Erwan Kerouredan maintained a Hold rating on NEL ASA (NLLSF – Research Report) today and set a price target of NOK4.00. The ...
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Nel ASA announce additional US$29 million in tax credits for manufacturing expansion in Michigan
A fully owned subsidiary of Nel ASA has now secured up to approximately US$29 million in additional tax credits, equivalent ...