Samsung E&A, a company in Norway, announced the acquisition of a 9.1% stake in Nell, a global hydrogen company known for commercializing water electrolysis technology. Nell, based in Norway and founded in 1927, specializes in providing water electrolysis solutions for hydrogen production using renewable energy sources. Samsung E&A's investment makes it the largest shareholder in Nell, maintaining the latter's management rights. The partnership between Samsung E&A and Nell aims to develop technology solutions for hydrogen production plants, emphasizing green hydrogen technologies and expanding into eco-friendly energy markets such as sustainable aviation oil and next-generation ship fuels. Samsung E&A's strategic approach is part of its broader commitment to the energy transition era, focusing on low carbon, zero carbon, and environmentally friendly projects. By collaborating with Nell, Samsung E&A plans to secure a leading position in the global green hydrogen market and establish long-term partnerships to drive innovation and technological advancements. This partnership reflects Samsung E&A's proactive stance in investing in hydrogen and carbon neutrality technologies to create a sustainable business model and capture opportunities in the evolving energy landscape.