Nel ASA and Saipem have joined forces to introduce the IVHY™ 100 green hydrogen solution, designed to advance the decarbonization of hard-to-abate industries and promote renewable hydrogen production. Powered by Nel's alkaline electrolysers, the modular and scalable system simplifies large-scale hydrogen production, with a focus on optimizing operations and reducing total cost of ownership. As part of the collaboration, Nel provides its electrolyser technology, while Saipem handles engineering and construction. The project aims to meet the increasing demand for carbon emissions reduction in industries by utilizing renewable hydrogen and exploring hydrogen derivatives like ammonia and methanol. Saipem's Chief Commercial Officer, Guido d'Aloisio, emphasizes the importance of sustainable solutions in renewable hydrogen to address carbon emissions. Meanwhile, Nel's President and CEO, Håkon Volldal, expresses pride in being selected by Saipem for this project, highlighting the impact of the solution on simplifying renewable hydrogen production. The IVHY™ 100 concept is on display at the World Hydrogen Week in Copenhagen, showcasing the innovative approach towards large-scale green hydrogen production. Both companies, Nel ASA and Saipem, are committed to supporting the energy transition and promoting sustainability in the engineering and construction sectors. With a shared goal of achieving a green hydrogen economy, the collaboration signifies a significant step towards a more sustainable future.