Nel, a prominent player in the hydrogen market, has recently entered into a Memorandum of Understanding (MoU) with Korea Hydro & Nuclear Power (KHNP) to collaborate on clean hydrogen initiatives. The partnership aims to leverage Nel's expertise in hydrogen technology and KHNP's role as an electricity producer to advance the development and adoption of sustainable energy solutions. The move comes amidst a series of developments in the clean hydrogen sector, with Nel receiving a purchase order for two containerized PEM electrolysers from a US customer. This signifies a growing demand for hydrogen-related technologies as industries seek to reduce their carbon footprint. In contrast, Thyssenkrupp, a major steel producer, is exploring alternatives to green hydrogen for decarbonizing its operations. This demonstrates the varying approaches companies are taking towards achieving sustainability goals. Additionally, Nel recently announced a temporary production halt at its alkaline electrolyser facility in Herøya. This decision could indicate strategic adjustments within the company to align with market trends and optimize its production capabilities. The collaboration between Nel and KHNP underscores the increasing importance of clean hydrogen as a key component in the transition towards a more sustainable energy landscape.