Nel CMD 2021: Launches 1.5 USD/kg target for green renewable hydrogen to outcompete fossil alternatives
(Oslo, 21 January 2021) Nel ASA (Nel, OSE:NEL) today hosts the Nel Capital Markets Day 2021, outlining the target of producing green hydrogen at USD 1.5 per kilo* by 2025, to outcompete fossil alternatives. Cost reductions through scale-up of production to multi-GW scale, growing the organization to add capacities and capabilities, and investing in technology for the near- and long-term are crucial components in ensuring that Nel continues to be the global leader in the hydrogen industry. "Green renewable hydrogen is set to outcompete fossil alternatives, and Nel is placed in the centre