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SAMSUNG E&A Launches CompassH2 with Nel’s Technology

Story Highlights
  • Nel ASA is a leader in hydrogen electrolyser technology, enabling a green hydrogen economy.
  • SAMSUNG E&A’s CompassH2 uses Nel’s technology, enhancing hydrogen production efficiency.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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NEL ASA ( (NLLSF) ) has shared an update.

SAMSUNG E&A has introduced the CompassH2, a new hydrogen plant concept that leverages Nel’s electrolyser technology to enhance performance and cost-efficiency across the hydrogen value chain. This collaboration underscores Nel’s strength in large-scale applications, potentially boosting its market position and offering significant benefits to stakeholders involved in the green hydrogen sector.

The most recent analyst rating on (NLLSF) stock is a Hold with a NOK2.60 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 company in hydrogen electrolyser technology with a global presence, specializing in Alkaline and PEM technology for renewable hydrogen production. Their products are crucial for enabling a green hydrogen economy, aiding in the decarbonization of industries such as transportation, refining, steel, and ammonia.

Average Trading Volume: 7,902,362

Current Market Cap: NOK4.52B

For a thorough assessment of NLLSF stock, go to TipRanks’ Stock Analysis page.

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