Energizing Sustainability: Samsung C&T Partners with Nel Hydrogen for Groundbreaking Nuclear-Powered Hydrogen Project
Key Ideas
  • Nel Hydrogen Electrolyser AS secures a EUR 5 million contract with Samsung C&T for 10 MW of alkaline electrolyzer equipment for a nuclear connected pink hydrogen production pilot project.
  • The project aims to utilize excess nuclear power generation to produce hydrogen, enhancing overall energy efficiency and reducing waste during periods of oversupply.
  • Samsung C&T expresses confidence in Nel's electrolysis technology and looks forward to strengthening their partnership for further clean hydrogen initiatives.
  • The purchase order includes alkaline stacks and balance-of-stacks, to be produced in Norway's Herøya facility, the world's first fully automated electrolyser production line.
Nel Hydrogen Electrolyser AS, a subsidiary of Nel ASA, has inked a significant deal with Samsung C&T Corporation Engineering & Construction Group for a groundbreaking nuclear-connected pink hydrogen project. This venture involves the deployment of 10 MW of alkaline electrolyzer equipment worth around EUR 5 million. The initiative aims to leverage excess nuclear power to produce hydrogen, thereby maximizing energy efficiency and minimizing waste during periods of oversupply. Samsung C&T's Head of Energy Solution Business Unit, Byung Soo Lee, expressed confidence in Nel's technology and emphasized the importance of reliable electrolysis technology for the success of the project. The partnership between Samsung C&T and Nel showcases a commitment to advancing clean hydrogen solutions and contributing to the energy transition landscape. The purchase order encompasses alkaline stacks and balance-of-stacks components, which will be manufactured at the Herøya facility in Norway. Noteworthy is the facility's status as the world's first fully automated electrolyser production line, highlighting the cutting-edge technology and innovation driving this initiative. The successful collaboration between Nel and Samsung C&T not only marks a significant milestone in hydrogen production but also paves the way for future opportunities in the clean energy sector.
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