By Dominic Chopping

Nel has received a 5 million euro ($5.4 million) firm contract for 10 megawatts of alkaline electrolyser equipment from Samsung C&T Corporation Engineering & Construction Group, it said Friday.

The Norwegian hydrogen company said the equipment will be used by Samsung C&T for its first off-grid green hydrogen production project to be deployed in South Korea.

Write to Dominic Chopping at dominic.chopping@wsj.com

(END) Dow Jones Newswires

January 19, 2024 05:05 ET (10:05 GMT)