Oslo, Norway:
CORRECTION…by Nel ASA
Headline of launch ought to learn: Nel ASA: Receives a NOK 600 million purchase order from Woodside Energy (as a substitute of Nel ASA: Receives Purchase Order for a Containerized PEM Water Electrolyser in Australia)
The up to date launch reads:
NEL ASA: RECEIVES A NOK 600 MILLION PURCHASE ORDER FROM WOODSIDE ENERGY
Nel Hydrogen Electrolyser AS, a subsidiary of Nel ASA (Nel, OSE:NEL), has entered into a contract for alkaline electrolyser gear from Australian firm Woodside Energy for its proposed hydrogen challenge, H2OK, in Ardmore within the state of Oklahoma, US. The contract has a complete worth of about NOK 600 million.
“We are extremely proud to be elected by Woodside Energy, a quality company with a strong track record of developing high-quality assets, for this exciting and meaningful project”, says Nel’s CEO Håkon Volldal.
H2OK is Woodside’s first hydrogen challenge within the US, this gear will assist part 1 of the proposed challenge (60 tpd). Woodside will web site the power in Ardmore, Oklahoma, an space nicely suited to hydrogen manufacturing with good availability of water and power. The firm will make the most of these assets to supply liquid hydrogen to hydrogen gasoline cell-powered business and heavy transport autos.
Woodside Energy is seeking to broaden its US footprint and can also be engaged on two proposed hydrogen initiatives in Australia: H2Perth and H2Tas.
The contract with Woodside was signed solely a couple of months after Nel obtained its file dimension 200 MW purchase order for an additional large-scale challenge within the US.
“The electrolyser market is developing favorably for Nel. We are now securing quality contracts with favorable terms and a manageable risk profile. The contract with Woodside will have a substantial positive financial impact on the company”, says Volldal.
“It is extremely exciting to work with the professional team at Woodside to realize a project such as this. The Ardmore project will become an excellent showcase for Nel’s electrolyser technology as it aims to enable broader utilization for renewable energy into transportation and industrial sectors” says Tom Skoczylas, Regional Sales Manager for Nel Hydrogen US.
The electrolyser stacks might be manufactured in Nel’s manufacturing unit at Herøya, the world’s solely totally automated electrolyser facility.
This is a agency purchase order for alkaline stacks, stability of stack (BoS) gear and engineering for the stability of plant (BoP) gear (which Woodside will present). There are pass-through mechanisms for metal and nickel worth will increase. Woodside goals to proceed with FID in 2023. Production of electrodes is estimated all through 2024.
About Nel ASA | www.nelhydrogen.com
Nel is a world, devoted hydrogen firm, delivering optimum options to supply, retailer, and distribute hydrogen from renewable power. We serve industries, power, and gasoline firms with main hydrogen expertise. Our roots date again to 1927, and since then, we now have had a proud historical past of improvement and steady enchancment of hydrogen applied sciences. Today, our options cowl your entire worth chain: from hydrogen manufacturing applied sciences to hydrogen fueling stations, enabling industries to transition to inexperienced hydrogen, and offering gasoline cell electrical autos with the identical quick fueling and lengthy vary as fossil-fueled autos – with out the emissions.
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