This is a firm purchase order for alkaline stacks and balance of stacks. The stacks are planned to be delivered to the client around year-end 2023. Nel will assist the client in the project's installation, commissioning, and start-up.
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Nel Hydrogen Electrolyser AS, a subsidiary of Nel ASA, has signed a contract for 20 MW of alkaline electrolyzer equipment for about EUR9 million (US$10.11 million) with Hyd’Occ for its project in Port-La-Nouvelle, France.
Nel has already performed and delivered the front-end engineering and design (FEED) study on the project. The 20 MW electrolyzer will supply renewable hydrogen to local industry and transportation in southern France. Port-La-Nouvelle, where the electrolyzer will be located, is expected to be a significant hub for hydrogen flows in the Mediterranean.
Hyd'Occ is backed by Qair, a leading French renewable energy and hydrogen producer, as the primary shareholder and developer, and AREC Occitanie the regional agency for energy transition (held by the Occitanie administrative region), as minority shareholder.
