Nel ASA: Nel to Supply an Alkaline Electrolyzer System for Solar Foods

Nel Hydrogen Electrolyser AS, a subsidiary of Nel ASA (OSE: NEL), has received an order for an alkaline electrolyzer system to provide green hydrogen for producing food from CO2 and electricity.

The new Solar Foods production facility, called Factory 01, is under construction in Vantaa, Finland. The company estimates that the commercial Solein® production will begin in the first half of 2023 and that Factory 01 will serve as Solar Foods’ platform for scaling production. Solein is produced using a bioprocess where microbes are fed with gases (carbon dioxide, hydrogen, and oxygen) and small amounts of nutrients.

The purchase orders have a value of approximately EUR 2 million, and delivery of the equipment is expected to be late-2022 / early-2023.

Source: Nel ASA

Market: Hydrogen Stocks

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