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Home » News » Hydrogen » Nel ASA Receives Up to €135 Million Grant from EU Innovation Fund for Next-Generation Electrolyser Development
Hydrogen

Nel ASA Receives Up to €135 Million Grant from EU Innovation Fund for Next-Generation Electrolyser Development

By Michael CarterOctober 24, 20242 Mins Read
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Credit: Nel ASA
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Norwegian electrolyser manufacturer Nel ASA has secured a grant of up to €135 million (approximately $146 million) from the EU Innovation Fund to facilitate a phased expansion of production for its next-generation pressurized alkaline technology, which is currently in the prototype stage. The initial expansion aims for an annual capacity between 1 GW and 2

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