Nel ASA (NLLSF) Research

Nel ASA, a prominent hydrogen technology company, delivers end-to-end solutions for the sustainable production, storage, and supply of hydrogen derived from renewable energy. The firm maintains operations across Norway, the United States, Denmark, and South Korea. Its business is organized into two primary divisions: Nel Hydrogen Fueling and Nel Hydrogen Electrolyser. The Nel Hydrogen Fueling segment is responsible for manufacturing H2Station hydrogen fueling stations, which offer fuel cell electric vehicles—including passenger cars, buses, trucks, and forklifts—the convenience of refueling and driving range comparable to their fossil fuel counterparts. Concurrently, the Nel Hydrogen Electrolyser segment specializes in fabricating and installing electrolysers for hydrogen production, employing both alkaline and proton exchange membrane (PEM) water electrolysis technologies. This segment serves a broad client base, encompassing industrial, energy, and gas companies. Established in 1927 and headquartered in Oslo, Norway, Nel ASA was formerly named DiaGenic ASA until its rebranding in October 2014.

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