Nel ASA Company Description
Nel ASA, a hydrogen company, delivers various solutions to produce, store, and distribute hydrogen from renewable energy in Norway, the United States, Denmark, and South Korea.
The company operates in two segments, Nel Hydrogen Fueling and Nel Hydrogen Electrolyser. The Nel Hydrogen Fueling segment produces H2Station hydrogen fueling stations that provide fuel cell electric vehicles with the fueling and long range as conventional fossil fuel vehicles, including cars, buses, trucks, forklifts, and other applications.
The Nel Hydrogen Electrolyser segment produces and installs electrolysers for hydrogen production based on alkaline and proton exchange membrane water electrolyser technology.
It serves industry, energy, and gas companies. The company was formerly known as DiaGenic ASA and changed its name to Nel ASA in October 2014.
Nel ASA was founded in 1927 and is headquartered in Oslo, Norway.

Country | Norway |
Founded | 1927 |
Industry | Specialty Industrial Machinery |
Sector | Industrials |
Employees | 397 |
CEO | Hakon Volldal |
Contact Details
Address: Karenslyst allé 49 Oslo Norway | |
Phone | 47 23 24 89 50 |
Stock Details
Ticker Symbol | NEL |
Exchange | Oslo Børs |
Fiscal Year | January - December |
Reporting Currency | NOK |
ISIN Number | NO0010081235 |
SIC Code | 3621 |
Key Executives
Name | Position |
---|---|
Hakon Rypern Volldal | Chief Executive Officer |
Kjell Christian Bjornsen | Chief Financial Officer |
Marius Løken | Chief Technical Officer |
Stein Ove Erdal J.D. | Chief Legal Officer |
Anne Liberg | Chief Human Resources Officer |
Hans H. Hide | Chief Project Officer of Electrolyser |
Todd Cartwright | Chief Commercial Officer |
Tushar Ghuwalewala | Senior Vice President of PEM Operations |
Kai Rune Heggland | Senior Vice President of Alkaline Operations |
Wilhelm Flinder | Head of Investor Relations |