NEL ASA (NLLSF) has released an update.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Norwegian hydrogen technology company Nel ASA announced the termination of their agreement with Hy Stor Energy for over 1 GW of electrolyser equipment. Nel confirms the termination will not affect their order backlog as the reservation was not counted as order intake, and they will keep the non-refundable capacity reservation fee. The company, established in 1927, is a key player in promoting a green hydrogen economy with its Alkaline and PEM electrolyser technologies.
For further insights into NLLSF stock, check out TipRanks’ Stock Analysis page.
