Nel opens Heroya electrolyser plant
Firm says models manufactured at the plant are still on track to produce green hydrogen at $1.5/kg by 2025
Electrolyser manufacturer Nel has opened the world’s largest alkaline electrolyser production plant at Heroya in Norway. Nel says the facility has a production capacity of 500MW/yr and that this could rise to 2GW/yr with further investment—20pc of the 10GW/yr capacity the firm hopes to reach by 2025. The company says its electrolysers are still on track to produce green hydrogen at $1.5/kg by that date, although capex must be reduced to a quarter of today’s level to achieve this. “Half of the savings we need to make will come from scale-up and increased efficiency in production. The rest will come from the economy of scale and from effective industrial partnerships,” says Nel CEO Jon Andre L

Also in this section
21 March 2025
European Hydrogen Bank auction is four times oversubscribed, while industry remains on pause in US amid IRA subsidy uncertainty
21 March 2025
The country is engaging with potential investors from North America and China as it refines its auction process to reflect shifting dynamics in green hydrogen, Hydrom’s managing director tells Hydrogen Economist
13 March 2025
Government awards €1.21b of funding to seven large-scale projects as it chases capacity target of 12GW by 2030
12 March 2025
Speakers at this year’s CERAWeek conference noted the growing interest in green hydrogen, but hurdles such as cost remain to its adoption at scale