Nel ASA

Nel ASA: Has secured repeat-order for two new hydrogen stations and has initiated production of new generation H2Station®

(Oslo, 22 August 2016) Nel Hydrogen Solutions has secured a repeat-order for two

new CAR-200 hydrogen stations from an udisclosed European customer. Nel Hydrogen

Fueling, formerly known as H2 Logic A/S and a division of Nel ASA (Nel), has

initiated production of CAR-200, the latest generation H2Station®.

"We are very pleased to begin production of the new generation H2Station® at our

current factory in Herning. Customer feedback for the fueling station has been

very positive so far. A repeat-order being secured even before the first unit

has been installed with the customer, both confirms that the product is meeting

market expectations, but also sets the stage for our growth moving forward,"

says Jacob Krosgaard, Senior Vice President of Nel Hydrogen Solutions, a newly

established division of Nel.

The repeat order for two additional H2Station® CAR-200 and associated equipment

has a total value of approx. EUR 2 million and is planned for delivery in 2017.

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For additional information, please contact:

Jon André Løkke, CEO, +47 90 74 49 49

Bjørn Simonsen, market development and public relations director, + 47 97 17 98

About Nel

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. www.nel-hydrogen.com.

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