SAMSUNG E&A, a total solutions provider in the global energy industry, has made a significant move by entering the green hydrogen market through a partnership with Nel ASA, a leading hydrogen technology company from Norway. The acquisition of a 9.1% stake in Nel ASA for USD 33 million signals a strong commitment to advancing sustainable technology solutions. The collaboration between SAMSUNG E&A and Nel ASA aims to leverage their combined expertise to develop integrated technology solutions for hydrogen production plants, with a focus on electrolyser technology using renewable energy sources. This strategic partnership positions SAMSUNG E&A to lead the green hydrogen plant market and expand its presence in eco-friendly energy sectors such as sustainable aviation fuel and green chemicals. By investing in innovative technologies for energy transition, SAMSUNG E&A sets a trajectory towards addressing societal challenges and fostering a virtuous business cycle in the energy industry. The announcement reflects a positive sentiment towards hydrogen technology and signifies a proactive approach towards securing a prominent role in the global energy transition landscape.