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Nel ASA: Receives purchase order for one MC500 containerized PEM electrolyser

NEL
(March 20, 2025 - Oslo, Norway) Nel Hydrogen US, a subsidiary of Nel ASA (Nel,
OSE:NEL), has received a purchase order for one 2.5 MW containerized PEM unit
for the Aberdeen Hydrogen Hub project in the north-east of Scotland. The
scalable green hydrogen production, storage and distribution facility powered by
renewable energy, is being delivered through a joint venture between bp and
Aberdeen City Council. Hydrasun awarded the contract following their successful
bid to design and integrate the hydrogen refuelling station and associated
infrastructure.

Hydrasun is a leading international provider of integrated fluid transfer,
power, and control products, serving diverse industries worldwide. The company
has developed solutions for both transportation and industrial hydrogen
applications, successfully completing over 40 projects across the UK,
Scandinavia, and Europe.

"We are excited that Hydrasun has selected Nel for this meaningful project.
Hydrasun is a professional enabler with quality backing, and we look forward to
our collaboration, supporting them with fast-to-market and reliable electrolyser
equipment," says Nel's President and CEO, Håkon Volldal.

Neil Thompson, CEO at Hydrasun said, " Awarding the initial contracts for major
equipment packages in the Aberdeen Hydrogen Hub project is a key milestone for
the hydrogen market and a boost for the supply chain, highlighting our joint
capabilities in delivering hydrogen projects in the UK."

ENDS


For additional information, please contact:
Kjell Christian Bjørnsen, CFO, +47 917 02?097
Wilhelm Flinder, Head of IR, Communications & Marketing +47 936 11 350

About Nel ASA | www.nelhydrogen.com
Nel has a history tracing back to 1927 and is today a leading pure play hydrogen
technology company with a global presence. The company specializes in
electrolyser technology for production of renewable hydrogen, and hydrogen
fueling equipment for road-going vehicles. Nel's product offerings are key
enablers for a green hydrogen economy, making it possible to decarbonize various
industries such as transportation, refining, steel, and ammonia.
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