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An update from NEL ASA ( (NLLSF) ) is now available.
Nel ASA has announced the final investment decision to construct up to 1 GW of production capacity for its Next Generation Pressurized Alkaline technology at the Herøya facility in Norway. Supported by the EU Innovation Fund, this development is expected to significantly reduce the levelized cost of hydrogen, making previously unviable business cases feasible without substantial subsidies. The modular, skid-based design simplifies logistics and installation, and the project is anticipated to transform hydrogen production economics, with commercialization set for the first half of 2026.
The most recent analyst rating on (NLLSF) stock is a Hold with a NOK2.70 price target. To see the full list of analyst forecasts on NEL ASA stock, see the NLLSF Stock Forecast page.
More about NEL ASA
Nel ASA is a leading hydrogen electrolyser technology company with a global presence, specializing in Alkaline and PEM technology for the production of renewable hydrogen. The company plays a crucial role in enabling a green hydrogen economy, facilitating the decarbonization of industries such as transportation, refining, steel, and ammonia.
Average Trading Volume: 5,652,828
Current Market Cap: NOK4.19B
Learn more about NLLSF stock on TipRanks’ Stock Analysis page.