Nel ASA: Receives a USD 7 million purchase order for PEM equipment to be deployed in the US
Norway, April 23 -- Nel Hydrogen US, a subsidiary of Nel ASA, has received a purchase order for PEM electrolyser equipment with total value of about USD 7 million. The PEM electrolyser equipment will be used to produce hydrogen at a public utility in the US.Nel Hydrogen has received an order for PEM electrolyser equipment from Douglas County Public Utility District (DCPUD), in East Wenatchee, WA, US. DCPUD is a publicly regulated utility company that was instrumental in developing state legislation allowing utilities to produce and sell renewable hydrogen.Instead of frequently ramping up and down the generators at the utilities hydroelectric project, the electrolyser can utilize excess power to help balance the grid. This reduces the need f...
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