Nel Hydrogen Electrolyser AS, a subsidiary of Nel ASA, has signed a new contract for 10 MW of alkaline electrolyzer equipment for about €5 MM with Samsung C&T Corporation Engineering & Construction Group (Samsung C&T) for its first pilot for nuclear connected (pink) H₂ production plant.

The first contract with Samsung C&T signed earlier this year was for an off-grid project based on solar power, while the client will now set up a demonstration plant to validate the commercial model for nuclear pink H₂. The aim is to produce H₂ from excess nuclear power generation, creating utilize energy that is otherwise wasted in periods of oversupply, increasing overall energy efficiency

“Samsung C&T has ambitious plans in the H₂ industry, and we are pleased that we, for the second time now, have been selected to deliver the electrolyzer for this exciting and meaningful project,” said Håkon Volldal, President and CEO of Nel ASA.

Samsung C&T (Construction and Trading) focuses on global engineering, procurement, and construction. The company has signed several green H₂ agreements and continues to strengthen its energy transition business portfolio.

"This is the very first H₂ production project using nuclear power in Korea and we needed to have the most reliable electrolysis technology for executing the project. There is no doubt that Nel's technology can meet our expectation. We are thrilled to partner with Nel again in pink H₂ production project. Samsung C&T hope to strengthen the partnership with Nel to develop more opportunities in clean H₂ business," said Samsung C&T's Head of Energy Solution Business Unit, Byung Soo Lee.

This is a firm purchase order for alkaline stacks and balance-of-stacks (BoS). The electrodes will be produced in the Herøya facility in Norway, the world’s first fully automated electrolyzer production line.