Nel ASA: Awarded contract with H2 Frontier Inc. for hydrogen fueling station in California

(Oslo, 6 March 2017) Nel Hydrogen Solutions, a division of Nel ASA (Nel, OSE:NEL) has been awarded a contract by H2 Frontier Inc. for a H2Station® hydrogen fueling station to be installed in Los Angeles, California.

“It is great to be trusted with equipment delivery from yet another leading hydrogen fueling company in California. The increasing need for higher capacity stations also underlines the ongoing successful rollout of hydrogen vehicles in this important state”, says Jacob Krogsgaard, Senior Vice President of Nel Hydrogen Solutions.

The H2Station® will replace existing equipment at a hydrogen fueling station in Los Angeles, operated by H2 Frontier Inc. with the aim of providing more fueling capacity and improved performance. The effort is supported by the South Coast Air Quality Management District.

This contract expands Nel’s market entry into California by adding a station into the Los Angeles area, south in the state, shortly after being awarded the contract to deliver a network of hydrogen fueling stations in Northern California by Royal Dutch Shell Plc.

“We are now moving forward at full speed to finalize the pre-certification of our H2Stations to the US market. As we have seen in Europe, this enables a significantly more streamlined permitting and installation process, and contributes in setting a new industrial norm and benchmark for safety level and legal compliance for hydrogen fueling stations. Being the first in the market to offer such a certification has given us a competitive advantage in the US market”, Krogsgaard concludes.

The contract has a total value of more than USD 1 million with expected installation of equipment during early 2018 with shipment towards the end of 2017.

ENDS

For additional information, please contact:

Jon André Løkke, CEO, +47 9074 4949

About Nel | www.nelhydrogen.com      

Nel is a global, dedicated hydrogen company, delivering optimal solutions to produce, store and distribute hydrogen from renewable energy. We serve industries, energy and gas companies with leading hydrogen technology. Since its foundation in 1927, Nel has a proud history of development and continual improvement of hydrogen plants. Our hydrogen solutions cover the entire value chain from hydrogen production technologies to manufacturing of hydrogen fueling stations, providing all fuel cell electric vehicles with the same fast fueling and long range as conventional vehicles today.

About Us

NEL ASA is a leading global supplier of hydrogen technology for industrial / energy purposes, and has made over 500 deliveries in more than 50 countries. The company's main products are hydrogen production plants based on water electrolysis, complete hydrogen stations for transport and renewable energy storage solutions. The company has its roots from the hydrogen activities of Norsk Hydro, which dates back to 1927. The company also has a number of patents related to tests for early detection and diagnosis of diseases.

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