Nel ASA: Receives funding from US Department of Defense, Engineer Research and Development Center- Construction Engineering Research Laboratory
(Oslo, October 4, 2022) Nel Hydrogen US, a subsidiary of Nel ASA (Nel, OSE: NEL), has been granted $5.6 million in funding from the US Department of Defense (DoD) for accelerating advanced PEM electrolyser stack development, to enable low-cost hydrogen storage and resiliency applications, in collaboration with the Engineer Research and Development Center- Construction Engineering Research Laboratory (ERDC- CERL). The purpose of this 19-month project is to accelerate low-cost electrolyser development with the aim to reduce both operating and capital costs. High level activities include