Nel ASA Company Description
Nel ASA, a hydrogen company, engages in the provision of solutions to produce, store, and distribute hydrogen from renewable energy in Norway and internationally.
It operates through its Nel Alkaline Electrolyser and Nel PEM Electrolyser segments. The Nel Alkaline Electrolyser segment supplies hydrogen production equipment based on alkaline water electrolysis technology and has production facilities in Herøya, Norway.
Its Nel PEM Electrolyser segment supplies hydrogen production equipment based on proton exchange membrane (PEM) water electrolysis technology and has production facilities in Wallingford, Connecticut, the United States.
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, 0279 Norway | |
Phone | 47 23 24 89 50 |
Website | nelhydrogen.com |
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 |