Nel Secures €5 Million Order for Alkaline Electrolyser Equipment for Samsung C&T in South Korea
Key Ideas
- Nel secures a significant €5 million order to supply 10MW of alkaline electrolyser equipment to Samsung C&T Corporation for a nuclear-powered pink hydrogen project.
- The project aims to produce hydrogen from excess nuclear power generation, converting wasted energy into valuable hydrogen, supporting a greener energy transition.
- This initiative validates the commercial model for nuclear pink hydrogen, a crucial step in integrating low-carbon hydrogen into the global energy mix.
Nel, a prominent provider of hydrogen technology, has successfully secured a notable €5 million order to deliver 10MW of alkaline electrolyser equipment to Samsung C&T Corporation and its Engineering Construction Group in South Korea. This deal signifies a significant advancement in the clean energy sector, specifically supporting a groundbreaking nuclear-powered pink hydrogen project. Building on a previous partnership in January 2024 for a solar-powered off-grid hydrogen project, this new project focuses on establishing a demonstration plant to generate hydrogen from excess nuclear power production. By repurposing otherwise wasted energy during times of nuclear power oversupply, the project not only addresses energy inefficiencies but also contributes to the shift towards a more sustainable and environmentally friendly hydrogen economy. The demonstration plant's primary objective is to validate the commercial viability of nuclear pink hydrogen, a critical milestone in the incorporation of low-carbon hydrogen into the global energy landscape.