Nel Hydrogen Electrolyser AS, a subsidiary of Nel ASA, has secured a new contract with Samsung C&T Corporation Engineering & Construction Group for 10 MW of alkaline electrolyser equipment worth about EUR 5 million. This agreement is for the development of a pilot plant for nuclear pink hydrogen production, marking Samsung C&T's first project in Korea using nuclear power for hydrogen production. The project's goal is to convert excess nuclear power into hydrogen, thus enhancing energy efficiency and minimizing waste during periods of power oversupply. Samsung C&T, known for its global engineering and construction projects, has selected Nel for the second time due to the latter's technology reliability. Byung Soo Lee from Samsung C&T expressed confidence in Nel's electrolysis technology, signaling a desire to further collaborate in the clean hydrogen sector. The production of alkaline stacks and balance-of-stacks for this project will take place at Nel's facility in Herøya, Norway, known for its fully automated production line. This partnership highlights the growing importance of sustainable technologies like hydrogen in the energy transition sector. Samsung C&T's continued focus on green hydrogen projects aligns with Nel's expertise in electrolyser technology, paving the way for more innovations in clean energy solutions. The collaboration underscores a shared commitment to advancing clean hydrogen production and fostering a more sustainable energy landscape.