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Related Articles
Letter on hydrogen: Nordic powerhouse
Norway’s long-term potential as a major green hydrogen and ammonia exporter remains intact, despite the near-term challenges facing project developers
Letter from London: Hydrogen’s souffle moment
One of the sector’s harshest critics calls for a change of course, but the industry insists it is on an upward trajectory
Letter on hydrogen: Bankable business?
Pressure is growing on developers to prove the bankability of their projects in a challenging market for green hydrogen
EU waves through €400m Spanish green support scheme
Scheme will fund up to 345MW of electrolyser capacity through direct grants for up to ten years
European green projects in scramble for subsidies
European Hydrogen Bank auction is four times oversubscribed, while industry remains on pause in US amid IRA subsidy uncertainty
European oil and gas firms refocus hydrogen strategies
Companies reduce spending on hydrogen projects as they struggle to find demand
Hy24 enters North America with StormFisher investment
Leading European hydrogen investor commits $50m to green fuels developer amid continued uncertainty over US renewables policy
Letter from London: Equinor’s renewable reality check
Norwegian energy company slashes spending on low-carbon sectors as transition decelerates
US hydrogen industry may ultimately benefit from Trump
Sector awaits clarity on tax credits and loan programmes amid mixed signals from the Trump presidency
Hydrogen Market Databook 2025: Western Europe, part 2
The UK leads Western Europe in terms of active hydrogen project market share, but developments are planned across Italy, Spain, Portugal, the Netherlands and the Nordic countries
Nel has seen major orders from US customers
Norway Finance Corporates
Polly Martin
1 March 2023
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Nel takes FID on US electrolyser plant expansion

The manufacturer pushes further into the US with expansion and planned gigafactory, despite heavy losses over 2022

Norway’s Nel has taken FID on expanding its 50MW electrolyser manufacturing facility in Wallingford, Connecticut to 500MW by 2025. The expansion is estimated to cost NOK60mn ($25mn) and represents a push into the US, as Nel considers sites for a planned gigawatt-scale facility. The gigafactory will produce both alkaline and proton-exchange-membrane (PEM) electrolysers, with around 4GW of total production capacity. “We are considering three attractive alternatives in three different states and will make a final decision shortly,” says Nel CEO Hakon Volldal. The Wallingford facility produces PEM electrolysers, while Nel’s Heroya factory in Norway produces the alkaline variety. While the PEM ve

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EU frets over China’s green hydrogen progress
5 December 2025
European Commission highlights rapid growth of Chinese production this year, as it retains strict procurement rules in latest European Hydrogen Bank subsidy auction
Letter from London: BP’s East Coast demand warning
2 December 2025
Oil major cites deteriorating demand and a planning debacle as it abandons one of UK’s largest blue hydrogen projects
EWE breaks ground on major green hydrogen project
1 December 2025
Project at Emden in northwest Germany due online in 2027, but wider ramp-up of clean hydrogen sector in Germany will require overhaul of government policy, company warns
Letter on hydrogen: The Mauritania model
25 November 2025
The northwest African country’s vision of integrating green power, molecules and steel is alive and kicking, and serves as a reminder of hydrogen’s transformative potential

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