Nel ASA

Regulatory Filings • Mar 6, 2017

Nel ASA: Awarded contract with H2 Frontier Inc. for hydrogen fueling station in California

Nel ASA: Awarded contract with H2 Frontier Inc. for hydrogen fueling station in California

(Oslo, 6 March 2017) Nel Hydrogen Solutions, a division of Nel ASA (Nel,

OSE:NEL) has been awarded a contract by H2 Frontier Inc. for a H2Station®

hydrogen fueling station to be installed in Los Angeles, California.

"It is great to be trusted with equipment delivery from yet another leading

hydrogen fueling company in California. The increasing need for higher capacity

stations also underlines the ongoing successful rollout of hydrogen vehicles in

this important state", says Jacob Krogsgaard, Senior Vice President of Nel

Hydrogen Solutions.

The H2Station® will replace existing equipment at a hydrogen fueling station in

Los Angeles, operated by H2 Frontier Inc. with the aim of providing more fueling

capacity and improved performance. The effort is supported by the South Coast

Air Quality Management District.

This contract expands Nel's market entry into California by adding a station

into the Los Angeles area, south in the state, shortly after being awarded the

contract to deliver a network of hydrogen fueling stations in Northern

California by Royal Dutch Shell Plc.

"We are now moving forward at full speed to finalize the pre-certification of

our H2Stations to the US market. As we have seen in Europe, this enables a

significantly more streamlined permitting and installation process, and

contributes in setting a new industrial norm and benchmark for safety level and

legal compliance for hydrogen fueling stations. Being the first in the market to

offer such a certification has given us a competitive advantage in the US

market", Krogsgaard concludes.

The contract has a total value of more than USD 1 million with expected

installation of equipment during early 2018 with shipment towards the end of

ENDS

For additional information, please contact:

Jon André Løkke, CEO, +47 9074 4949

About Nel | 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. Since its

foundation in 1927, Nel has a proud history of development and continual

improvement of hydrogen plants. Our hydrogen solutions cover the entire value

chain from hydrogen production technologies to manufacturing of hydrogen fueling

stations, providing all fuel cell electric vehicles with the same fast fueling

and long range as conventional vehicles today.