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4 December 2024Nel will supply 10MW of alkaline electrolyser equipment to Samsung C&T Corporation and Engineering Construction Group for around €5m ($5.2m).
The repeat order follows from the first contract Samsung C&T signed in January (2024) for an off-grid project based on solar power in South Korea. Samsung will now set up a demonstration plant to validate the commercial model for nuclear pink hydrogen.
H2 View understands that the aim of the demonstration plant is to produce hydrogen from excess nuclear power generation, to “utilise energy that is otherwise wasted in periods of oversupply, increasing overall energy efficiency.”
Nel has stated this is a firm purchase order for alkaline stacks and balance-of-stacks (BoS), with the electrodes set to be produced at its Herøya facility in Norway.