Press Release: Awarded grant to develop a novel electrolyser stack to enable lower cost hydrogen generation
(Oslo, 31 March, 2020) Proton Energy Systems, Inc. (dba “Nel Hydrogen US”), a wholly owned subsidiary of Nel ASA (Nel, OSE:NEL), has been awarded a $1.85 million grant by the Department of Energy (DOE) for development of a novel electrolyser cell stack approach to enable higher efficiency, low cost hydrogen generation. “We are very excited to receive this award from the DOE. Success of this project will not only demonstrate a cost-effective pathway for hydrogen energy storage, but it will also help further improve our electrolysers in general, enabling lower cost hydrogen generation