Nel ASA

Regulatory Filings • Sep 28, 2021

Nel ASA: Receives purchase order from the Community of cities "Touraine Vallée de l'Indre (CCTVI)" for a hydrogen fueling station (H2StationT) to be located in the region of Tours in France

Nel ASA: Receives purchase order from the Community of cities "Touraine Vallée de l'Indre (CCTVI)" for a hydrogen fueling station (H2StationT) to be located in the region of Tours in France

(Oslo, September 28, 2021) Nel Hydrogen Fueling, a subsidiary of Nel ASA (Nel,

OSE:NEL) has received a purchase order from the Community of cities "Touraine

Vallée de l'Indre" for one H2StationT hydrogen fueling station to be used for

light and heavy duty fuel cell electric vehicles in region of Tours, France.

"We are delighted to announce that we have been chosen as supplier for a fueling

station (H2StationT) for the Touraine Vallée de l'Indre in France. Nel Hydrogen

is hereby passing an important landmark adding yet another country to its list

of references.  We are looking forward to assisting the Community of cities

"Touraine Vallée de l'Indre" with the deployment of this very first hydrogen

fueling station in the region" says Jens Egholt Rasmussen, Senior Director

Global Sales at Nel Hydrogen Fueling.

The hydrogen fueling station (H2StationT) is partly funded by the European Fuel

Cells and Hydrogen 2 Joint Undertaking in the COSMHYC-DEMO project and is

scheduled to be operational by Q3 of 2022. For further information please visit

www.cosmhyc.eu. The contract has a total value of approximately EUR 1,0 million

and includes installation and commissioning.

"We are pleased to announce the signature of a promising contract with our

partner NEL, which will allow us to inaugurate in a few months the first large

capacity, dual pressure hydrogen filling station in the Centre Val de Loire

region, within the framework of the COSMHYC DEMO project. We are looking forward

to testing this equipment to power our hydrogen garbage truck acquired within

the framework of the Interreg NWE program - HECTOR " says Eric Loizon, President

of Touraine Vallée de l'Indre.

ENDS

For further information, please contact:

Jon André Løkke, CEO, +47 907 44 949

Kjell Christian Bjørnsen, CFO, +47 917 02?097

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. Since its

origins 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.

About Community of cities "Touraine Vallée de l'Indre" |

http://www.tourainevalleedelindre.fr/

Located in the department of Indre-et-Loire in the Centre Val-de-Loire

region,the Community of cities Touraine Vallée de l'Indre brings together 22

municipalities and more than 51,000 inhabitants on a territory of 485 km². At

the heart of the ecological transition, the community is banking on hydrogen as

an energy vector to decarbonize heavy mobility. At the heart of its ISOPARC

logistics park and at the crossroads of major roads, Touraine Vallée de l'Indre

is laying the foundations for its hydrogen mobility.

COSMHYC DEMO has received funding from the Fuel Cells and Hydrogen 2 Joint

Undertaking under grant agreement No 101007173. The Joint Undertaking receives

support from the European Union's Horizon 2020 research and innovation program

and Hydrogen Europe and Hydrogen Europe Research.