Nel ASA: Receives additional USD 75 million in support for Michigan facility
(March 13, 2024 - Oslo, Norway, Nel, OSE:NEL). The US Department of Energy (DOE) and the state of Michigan have awarded a collective USD 75 million in cash incentives and grants for Nel’s next electrolyser production facility in Michigan.“The support from the Department of Energy and the state of Michigan is crucial for realizing our factory, which will create new green industrial jobs and be a significant contribution to the energy transition,” says Nel’s President and CEO, Håkon Volldal. “It is encouraging to see the Department of Energy taking these strategic steps to stimulate a