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Nel ASA Partners with GreenH AS for Hydrogen Projects in Norway

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Nel ASA Partners with GreenH AS for Hydrogen Projects in Norway

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The latest update is out from NEL ASA ( (NLLSF) ).

Nel ASA has entered into an agreement with GreenH AS to provide technology for hydrogen projects in Kristiansund and Slagentangen, Norway. This collaboration aims to support GreenH’s efforts to establish a network of distributed hydrogen production facilities, which will supply green hydrogen to industrial and maritime users, furthering the decarbonization of these sectors.

The most recent analyst rating on (NLLSF) stock is a Sell with a NOK1.90 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 global hydrogen technology company with a history dating back to 1927. It specializes in electrolyser technology for producing renewable hydrogen and hydrogen fueling equipment for road vehicles. Nel’s products are crucial for advancing a green hydrogen economy, helping to decarbonize industries such as transportation, refining, steel, and ammonia.

YTD Price Performance: -8.28%

Average Trading Volume: 5,440,172

Current Market Cap: NOK4.56B

For an in-depth examination of NLLSF stock, go to TipRanks’ Overview page.

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