Nel Secures Contract with Samsung for Pink Hydrogen Production Plant
Key Ideas
  • Nel, a Norwegian hydrogen company, has won a 5 million euros contract to provide electrolyzer equipment to Samsung C&T.
  • The contract involves supplying 10 megawatts of alkaline electrolyzer equipment for a pink hydrogen production plant owned by Samsung.
  • Pink hydrogen, generated through water electrolysis powered by nuclear energy, aims to utilize excess nuclear power generation and increase energy efficiency.
  • This partnership signifies a step towards sustainable hydrogen production and utilization of renewable energy sources in the industry.
Nel, a leading hydrogen company based in Norway, has secured a significant contract worth around 5 million euros with Samsung C&T. The contract entails Nel supplying 10 megawatts of alkaline electrolyzer equipment to a pink hydrogen production plant owned by Samsung. Pink hydrogen, a unique type of hydrogen produced through water electrolysis powered by nuclear energy, is the focal point of this collaboration. The primary objective of generating pink hydrogen is to utilize excess nuclear power generation effectively, ensuring energy that would otherwise go to waste during periods of oversupply is harnessed to enhance overall energy efficiency. This innovative approach by Nel and Samsung showcases a commitment to sustainable practices in the hydrogen industry by exploring alternative energy sources like nuclear power. The partnership underscores a proactive effort to promote cleaner energy and reduce carbon emissions through advanced hydrogen production methods. By leveraging the potential of pink hydrogen, both companies are aiming to contribute to a more sustainable future and establish a more efficient energy supply chain within the hydrogen sector.
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