Nel ASA

Regulatory Filings • Feb 27, 2020

Nel ASA: Received purchase order for a 1 MW containerized PEM electrolyzer in the US

Nel ASA: Received purchase order for a 1 MW containerized PEM electrolyzer in the US

(Oslo, 27 February 2020) Nel Hydrogen US, a subsidiary of Nel ASA (Nel,

OSE:NEL), has received a purchase order for a 1 megawatt containerized Proton

PEM® electrolyzer from Trillium Transportation Fuels, LLC (Trillium). The

electrolyser will be used to produce hydrogen for a fleet of fuel cell electric

buses in Urbana, Illinois, USA.

"We're proud to have received a purchase order for a megawatt scale

containerized Proton PEM® electrolyser which will be used to produce green

hydrogen for a fleet of up to 12 fuel cell electric buses at the Champaign

-Urbana Mass Transit District (MTD) in Urbana, Illinois. Trillium is a true

leader in providing alternative fuel solutions for transit fleets, and MTD is an

exciting innovator in the public transportation sector, and we are honored to

work with both on this project," says Steve Szymanski, Director of Business

Development, Nel Hydrogen US.

The contract for equipment and associated services has a value of approximately

USD 2.2 million, and the electrolyser will be delivered late 2020. The project

is supported by the Federal Transit Administration and the State of Illinois.

ENDS

For additional information, please contact:

Jon André Løkke, CEO, +47 907 44 949

Bjørn Simonsen, VP Investor Relations & Corporate Communication, +47 971 79 821

About Nel ASA | www.nelhydrogen.com

Nel is a global, dedicated hydrogen company, delivering optimal solutions to

produce, store, and distribute hydrogen from renewable energy. We serve

industries, energy, and gas companies with leading hydrogen technology. Our

roots date back to 1927, and since then, we have had a proud history of

development and continuous improvement of hydrogen technologies. Today, our

solutions cover the entire value chain: from hydrogen production technologies to

hydrogen fueling stations, enabling industries to transition to green hydrogen,

and providing fuel cell electric vehicles with the same fast fueling and long

range as fossil-fueled vehicle, without emissions.