Nel Hydrogen

1. Summary

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Developer

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Social

13

Momentum (beta)

0

Stack Rank™

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Price

$0.02 0.0%

Market Cap

$ (#29851)

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Price
52W High price	$0.02
52W High date	6th Jul 2022 (2 years ago)
All Time High (ATH) Date	9th Dec 2024 (2 months ago)
All Time Low (ATL) Date	9th Dec 2024 (2 months ago)

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Description

Nel Hydrogen, a global leading pure play hydrogen technology company, specializes in electrolyzer technology for the production of renewable hydrogen and hydrogen fueling equipment for various vehicle markets. The company caters to power-to-gas, power-to-industry, and other markets, leveraging its expertise in electrolysers and hydrogen fueling sol...

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Nel Hydrogen, a global leading pure play hydrogen technology company, specializes in electrolyzer technology for the production of renewable hydrogen and hydrogen fueling equipment for various vehicle markets. The company caters to power-to-gas, power-to-industry, and other markets, leveraging its expertise in electrolysers and hydrogen fueling solutions to support the transition towards a green hydrogen economy and decarbonize industries such as transportation, refining, steel, and ammonia.

Hydrogen Production

Nel's electrolysers are designed to support various applications, including fertilizer, green steel, and cement. Their electrolyzer technology is used to generate renewable hydrogen for clean energy applications.

Hydrogen Fueling

The company provides fueling equipment for cars, trucks, buses, and other markets, further supporting the infrastructure for the widespread adoption of hydrogen-based transportation.

Research and Development

Nel actively participates in research projects to enhance efficiency and cost-effectiveness in hydrogen generation. The company has received significant funding for various projects, focusing on advancing electrolyzer technologies and solving key challenges in the hydrogen industry.

Corporate Developments

Nel has engaged in partnerships and collaborations to expand its global operations, such as agreeing on a licensing deal for alkaline electrolysers in India and receiving tax credits for manufacturing expansion in the United States. The company has also built a gigafactory in southeast Michigan to scale up its hydrogen production and facility for a greener energy future.

Conclusion

Nel Hydrogen's commitment to innovation and its comprehensive suite of hydrogen-based solutions make it a driving force in the transition towards a cleaner, sustainable energy economy.

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