Nel ASA Secures Multi-Unit PEM Electrolyser Order from Major U.S. Technology Firm

## Nel ASA Wins Multi-Unit Containerized Hydrogen Electrolyser Contract Norwegian hydrogen technology company Nel ASA has announced that its subsidiary, Nel Hydrogen US, has secured a purchase order for multiple containerized proton exchange membrane (PEM) electrolyser units from a prominent but undisclosed U.S.-based global technology company, according to a company statement released on 13 October 2026. The order covers Nel's MC-series containerized PEM electrolyser units along with associated services. The MC-series is designed for modular, scalable deployment, making it well-suited to industrial and technology sector customers seeking flexible on-site hydrogen generation capacity without the infrastructure demands of fixed installations. While the identity of the customer has not been disclosed, Nel described the buyer as 'a leading U.S. technology customer,' suggesting the order originates from the technology sector's growing interest in green hydrogen as a clean energy and industrial feedstock solution. ### Significance for the Green Hydrogen Sector The award is notable for several reasons. Containerized PEM electrolysers represent a rapidly maturing segment of the hydrogen equipment market, offering plug-and-play deployment that reduces project lead times and capital expenditure. Orders of this nature — covering multiple units from a single customer — indicate that buyers are moving beyond pilot-scale procurement toward meaningful operational volumes. For Nel ASA, which is listed on the Oslo Stock Exchange (OSE: NEL), the contract reinforces the company's position as a key supplier in the North American green hydrogen market at a time when policy incentives and corporate decarbonisation commitments continue to drive electrolyser demand. While the maritime industry's direct application of this particular order is not specified, the broader green hydrogen supply chain has significant implications for shipping. Shore-based hydrogen production infrastructure — including containerized electrolyser deployments at or near port facilities — is increasingly viewed as a critical enabler for hydrogen and ammonia bunkering operations as the sector works toward IMO decarbonisation targets. ### Market Context The global PEM electrolyser market has seen accelerating order activity through 2025 and into 2026, driven by industrial decarbonisation mandates and the scaling of hydrogen economy initiatives across North America, Europe, and Asia. Nel's MC-series, with its containerized format, is particularly competitive in applications where rapid deployment and site flexibility are priorities. Full financial terms of the purchase order were not disclosed by Nel ASA.