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Pörssitiedote

NEL ASA: Nel ASA: SAMSUNG E&A launches its CompassH2 hydrogen plant solution, utilizing Nel's alkaline technology

NEL
Lue tiedote

(May 15, 2025 - Oslo, Norway) SAMSUNG E&A has unveiled the CompassH2, a new hydrogen plant concept built to achieve industry-leading performance and cost-efficiency by offering an integrated solution covering every phase of the value chain. The concept is based on Nel's electrolyser technology, further validating Nel's competitiveness in large-scale applications.

"We are very pleased with the partnership with SAMSUNG E&A, where they are now commercializing its solution utilizing Nel's technology as they expand into large-scale electrolyser-based hydrogen production," says Håkon Volldal, President and CEO of Nel.

SAMSUNG E&A will present its solution at the Nel booth at the World Hydrogen Summit in Rotterdam, May 21st at 11:00 CET.

Read the full announcement from SAMSUNG E&A here.


ENDS
 

For additional information, please contact:
Wilhelm Flinder, Head of IR, Communications and Marketing, +47 936 11 350

About Nel ASA | www.nelhydrogen.com
Nel has a history tracing back to 1927 and is today a leading pure play hydrogen electrolyser technology company with a global presence. The company specializes in Alkaline and PEM technology for production of renewable hydrogen. Nel's product offerings are key enablers for a green hydrogen economy, making it possible to decarbonize various industries such as transportation, refining, steel, and ammonia.

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