Nel plans gigafactory in Michigan
- Nel's new facility in Michigan will create over 500 clean energy jobs and contribute to hydrogen development. The facility will have a production capacity of up to 4GW of electrolysers, helping bring down costs and create a sustainable hydrogen supply.
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The announcement was made at the SelectUSA Investment Summit in
"We're thrilled to bring home up to
"Earlier this year, I went on an economic mission to
Over the past year, Nel has assessed a wide range of states for the location of its new manufacturing facility, and the company has now concluded that
"The choice of
Volldal emphasizes that the short distance to General Motors, headquartered in
"Having Nel's new facility close to our home base of HYDROTEC development, in southeastern
"This technology is critical in helping bring down costs, while also creating a more sustainable hydrogen supply," he says.
When fully developed, the
Nel's PEM electrolysers have been developed through decades of support from the US Department of Energy.
"Nearly two decades of research investment through the Department of Energy's Hydrogen and Fuel Cell Office has led to technological advances that will now be transitioned to gigawatt scale in our
The factory will be built in steps to match supply with demand. A final investment will require a separate decision.
For additional information, please contact:
Kjell Christian Bjørnsen, CFO, +47 917 02 097
Lars Nermoen, Head of Communications, +47 902 40 153
About Nel ASA | www.nelhydrogen.com
Nel has a history tracing back to 1927 and is today a leading pure play hydrogen technology company with a global presence. The company specializes in electrolyser technology for production of renewable hydrogen, and hydrogen fueling equipment for road-going vehicles. Nel's product offerings are key enablers for a green hydrogen economy, making it possible to decarbonize various industries such as transportation, refining, steel, and ammonia.
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SOURCE NEL ASA
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