H₂ technology company Nel and Statkraft signed a contract for delivery of 40 MW of electrolyzer equipment and will thus collaborate to create a strong value chain for production of green H₂ in Norway.

“We are determined that we will contribute towards making Norway a leading producer of renewable hydrogen, and to establish an eco-system of electrolyzer and equipment suppliers,” said Nel’s CEO Håkon Volldal and CEO of Statkraft, Christian Rynning-Tønnesen.

The announcement was made in connection with the German Vice Chancellor Robert Habeck’s visit to Nel’s fully automated electrolyzer manufacturing facility at Herøya in Norway. The Norwegian Minister of Trade and Industry, Jan Christian Vestre, is also joining the delegation together with his colleague, Minister of Petroleum and Energy, Terje Lien Aasland. The Ministers are enthusiastic about the two companies’ plans for a green H₂ value chain in Norway.

“It is encouraging that leading Norwegian players such as Nel and Statkraft are planning value chains for green hydrogen in Norway. This is an important step in the right direction to achieve our ambitions to build a coherent value chain for hydrogen and facilitate the production of hydrogen with no or low emissions to cover the national demand for hydrogen,” said Minister of Petroleum and Energy Terje Aasland.

Statkraft recently placed a purchase order for 40 MW of alkaline electrolyzer equipment from Nel. The electrolyzer stacks will be produced at Nel’s manufacturing plant at Herøya and used to produce renewable H₂ in one of Statkraft’s many H₂ projects.

As Europe’s largest supplier of renewable energy, Statkraft has the ambition to accelerate its annual development rate to 4 GW of new power production per year and to add 2 GW of renewable H2 production by 2030. In Norway Statkraft will strengthen its efforts in developing new renewable power production as well as flexibility within hydropower and wind power both on- and offshore.

“The contract with Nel is the first important step in materializing our ambitious target of 2 GW of green hydrogen and securing production capacity for our diverse pipeline of hydrogen projects,” said Rynning-Tønnesen.

“Statkraft is Europe’s largest producer of renewable energy and a well reputed and highly knowledgeable renewable energy company with an ambitious growth agenda. We are extremely proud that they have elected us as a supplier of green hydrogen technology,” Volldal said.

“With this and other orders Nel is strengthening its position as a leading supplier and exporter of hydrogen equipment, which is crucial for the green transition in Europe and beyond, and for the development of new green jobs in Norway.”