Nel Hydrogen Fueling, a division of Nel ASA (Nel, OSE:NEL) has received a purchase order for multiple H2Station™ units from a large international company.
"We are honored that the company has chosen to go for our H2Station™ fueling solution, and we look forward to support their fueling station deployment", says Ulrik Torp Svendsen, Key Account Manager, Nel Hydrogen Fueling.
The value of the purchase order is in excess of NOK 150 million, and the H2Station™ modules which will be used for fueling of passenger vehicles in an existing market for Nel will be installed on multiple sites during 2021. Additional information on the project will be provided in the second half of 2020.
Key data points: The growth forecast is 20.2% annually for the next 7 years. Scroll below to get more insights. This market report covers trends, opportunities, and forecasts in the industrial hydrogen fuel cell system market to 2031 by type (proton exchange membrane fuel cell, phosphoric acid fuel cell, solid oxide fuel cell, molten carbonate fuel cell, and others), application (transportation, stationary power generator, steel industrial processes, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)
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