Nel ASA: Second quarter 2022 financial results
(Oslo, 11 August 2022) Nel ASA (Nel, OSE:NEL) reported revenues of NOK 183 million in the second quarter of 2022, up 12% from NOK 164 million in the same quarter of 2021. Second quarter order intake was NOK 236 million, up 61% from the same quarter last year. Subsequent to the quarter the company announced a record size order of 200 MW of alkaline electrolyser stacks. Based on continued positive market developments Nel has made a final investment decision on the second production line in the Herøya facility, increasing annual alkaline production capacity to approximately 1 GW. Quarterly