(SeaPRwire) –   OSLO, Norway, April 23, 2026 — Nel Hydrogen US, a subsidiary of Nel ASA (Nel) (OSE: NEL), has secured a purchase order for PEM electrolyser equipment valued at approximately USD 7 million. The technology will be utilized for hydrogen production at a public utility facility in the United States.

The order for PEM electrolyser equipment was placed by the Douglas County Public Utility District (DCPUD), located in East Wenatchee, Washington. DCPUD is a regulated public utility that played a key role in establishing state legislation allowing utilities to generate and market renewable hydrogen.

Rather than frequently adjusting the output of generators at the utility’s hydroelectric site, the electrolyser can use surplus power to help stabilize the grid. This process minimizes the need for mechanical changes, thereby reducing wear and maintenance costs for the turbine units and related hardware. Additionally, the hydrogen produced can be applied to other high-value uses.

“We are pleased to partner with a forward-thinking client like DCPUD, as this represents the first green hydrogen facility we have sold that will be owned and managed by a public utility,” stated Todd Cartwright, Nel’s Chief Commercial Officer. “The operational flexibility of our PEM electrolysers allows the district to synchronize energy supply with demand while generating a premium fuel source,” he added.

“Our collaboration with Nel Hydrogen will allow us to introduce renewable hydrogen to our local community,” said Gary Ivory, General Manager of DCPUD. “This initiative will support our Wells Hydroelectric Project and promote the adoption of hydrogen throughout our region.”

This definitive purchase order is for containerized PEM systems, with the stacks set to be manufactured at Nel’s production facility in Wallingford, Connecticut. The PEM electrolysers are expected to be operational during the first half of 2027.

For more information, please contact:
Kjell Christian Bjørnsen, CFO, +47 917 02 097
Wilhelm Flinder, Head of Investor Relations, +47 936 11 350

About Nel ASA | www.nelhydrogen.com

With a history dating back to 1927, Nel is a premier hydrogen technology firm with a global reach. The company focuses on PEM and Alkaline electrolyser solutions for the production of renewable hydrogen. Nel’s products are essential components for a green hydrogen economy, enabling the decarbonization of various sectors including transportation, refining, steel, and ammonia production.

This announcement is made in accordance with the disclosure requirements of Section 5-12 of the Norwegian Securities Trading Act. This data was released as inside information under the EU Market Abuse Regulation and was published by Wilhelm Finder, Head of Investor Relations at Nel ASA, on the specified date and time.

This news was provided by Cision http://news.cision.com

https://news.cision.com/nel-asa/r/nel-asa–receives-a-usd-7-million-purchase-order-for-pem-equipment-to-be-deployed-in-the-us,c4337954

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