Nel Receives additional funding from US Department of Defense
London, 09 July, 2023, (Oilandgaspress) Reference made to the press release dated October 4, 2022. Nel Hydrogen US, a subsidiary of Nel ASA, has been granted an additional USD 5.6 million in funding from the US Department of Defense (DoD) for accelerating advanced PEM electrolyser stack development, to enable low-cost hydrogen storage and resiliency applications, in collaboration with the Engineer Research and Development Center- Construction Engineering Research Laboratory (ERDC- CERL).
The purpose of the overall program is to accelerate low-cost electrolyser development with the aim to reduce both operating and capital costs. The additional funds will be leveraged for scale up of advanced materials and processes. “We are excited to build on our existing program with ERDC-CERL to advance PEM electrolyzer technology” says Kathy Ayers, Vice President, Research and Development at Nel.
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