OSLO, Norway, Nov. 12, 2020 /PRNewswire/ — On 30 June 2020 Nel Hydrogen Fueling, a analysis of Nel ASA (Nel, OSE:NEL), accustomed a acquirement adjustment for assorted H2Station™ units for fueling of light-duty cartage in California from Iwatani Corporation of America, a wholly endemic accessory of Iwatani Corporation (8088: Tokyo Banal Exchange).
“We are actual accustomed that Iwatani and Toyota accept called our H2Station™ hydrogen fueling base solutions for deepening the hydrogen basement in Southern California. The stations will serve absolute as able-bodied as new ammunition corpuscle electric vehicles, such as the abutting bearing Toyota Mirai, with zero-emission fuel, at the aforementioned accessibility as accepted fuels. With our Nel Inc. article currently based in the San Francisco breadth we now attending advanced to accretion our business in California and acknowledging Iwatani,” says Ulrik Torp Svendsen, Key Account Manager, Nel Hydrogen Fueling.
The amount of the acquirement adjustment was in balance of NOK 150 million, and included 14 H2Station™ modules which will be installed in 2021 on 7 sites in California, US for fueling of commuter vehicles.
Link to press-release from Iwatani and Toyota: https://pressroom.toyota.com/iwatani-corporation-of-america-and-toyota-collaborate-to-bring-seven-new-hydrogen-refueling-stations-to-southern-california/
For added information, amuse contact:
Jon André LøkkeCEO, 47-907-44-949
Bjørn SimonsenVP Investor Relations & Corporate Communication 47-971-79 821
About Nel ASA | www.nelhydrogen.com
Nel is a global, committed hydrogen company, carrying optimal solutions to produce, store, and administer hydrogen from renewable energy. We serve industries, energy, and gas companies with arch hydrogen technology. Our roots date aback to 1927, and back then, we accept had a appreciative history of development and connected advance of hydrogen technologies. Today, our solutions awning the absolute amount chain: from hydrogen assembly technologies to hydrogen fueling stations, enabling industries to alteration to blooming hydrogen, and accouterment ammunition corpuscle electric cartage with the aforementioned fast fueling and continued ambit as fossil-fueled cartage – after the emissions.
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