Nel ASA - Vetyteknologiaa vuodesta 1927

Osakkeet
, ,
873

Tämä erittäin hyvä😀

OSE-FILING
July 14, 2023 – Oslo, Norway

Nel ASA: Receives purchase order for 20 MW electrolyser equipment from Hyd’Occ

(July 14, 2023 - Oslo, Norway) Nel Hydrogen Electrolyser AS, a subsidiary of Nel ASA (Nel, OSE:NEL), has signed a contract for 20 MW of alkaline electrolyser equipment for about EUR 9 million with Hyd’Occ for its project in Port-La-Nouvelle, France . Nel has already performed and delivered the front-end engineering and design (FEED) study on the project .

The 20 MW electrolyser will supply renewable hydrogen to local industry and transportation in southern France. Port-La-Nouvelle, where the electrolyser will be located, is expected to be a significant hub for hydrogen flows in the Mediterranean.

Hyd’Occ is backed by Qair, a leading French renewable energy and hydrogen producer, as the primary shareholder and developer, and AREC Occitanie the regional agency for energy transition (held by the Occitanie administrative region), as minority shareholder.

“We are thrilled to announce our collaboration with Hyd’Occ on this pivotal project in France, where our business footprint has been relatively modest so far. The project holds great potential for Nel being in one of the Mediterranean’s future hydrogen hubs”, says Hans Hide, Chief Project Officer at Nel.

“We are pleased to count on Nel’s support in the development of the first high-capacity hydrogen production unit in France. This collaboration takes us a step further in making concrete the hydrogen ecosystem of the future” says Guirec Dufour, Chief Executive Officer at Qair France.

This is a firm purchase order for alkaline stacks and balance of stacks. The stacks are planned to be delivered to the client around year-end 2023. Nel will assist the client in the project’s installation, commissioning, and start-up.

ENDS

12 tykkäystä
874

Tässä vähän taustatietoja edelliseen; resursseja on ja kunnianhimoiset tavoitteet😀

Qair is an independent renewable energy producer that develops, finances, builds and operates solar, onshore and offshore wind, hydroelectric, waste-to-energy, green hydrogen production and storage projects. With 1GW of capacity in operation and under construction, the group’s 550 employees are developing a 30 GW pipeline in 20 countries across Europe, Latin America and Africa. Our ambition is to become an independent leader in responsible energy

The Regional Climate and Energy Agency (AREC) creates solutions to encourage the territories and companies of Occitania to take action and thus become the 1st positive energy region in Europe in 2050. As a tool of the Occitanie Region, the agency supports the implementation of public policies and territorial projects towards an active resilience to climate change. Among its various missions, the Regional Observatory of Energy and Greenhouse Gases (OREO), which monitors the Positive Energy Region trajectory, as well as support for the public energy renovation service, Rénov’Occitanie. Through its expertise and its engineering and investment capacities, AREC accompanies the various regional actors and project leaders, from the emergence to the realization of their project

8 tykkäystä
875

Kauppojen kokoluokka on skaalautunut hyvälle tasolle. Hyvä, että lisäkapasiteettia valmistuu 4/2024😀

OSE-FILING
July 17, 2023 – Oslo, Norway

Nel ASA: Receives purchase order for 40 MW electrolyser equipment from Bondalti

(July 17, 2023 - Oslo, Norway) Nel Hydrogen Electrolyser AS, a subsidiary of Nel ASA (Nel, OSE:NEL), has signed a contract for 40 MW of alkaline electrolyser equipment for about EUR 11 million with Bondalti for its first phase of the H2 Enable project in Estarreja, Portugal .

"We continue to experience good momentum for our electrolysers, and we are happy to partner with a quality company such as Bondalti, an exciting client committed to decarbonisation”, says Nel’s CEO, Håkon Volldal.

Bondalti is the largest company in the Portuguese chemical industry. The electrolyser plant, which is aimed to commence production in the beginning of 2026, will inject green hydrogen into the natural gas grid, supply long-haul transport and cater for Bondalti’s own hydrogen demand for chemical processes.

The client’s strategic objectives include a significant incorporation of green hydrogen into its value chain, with the aim of decarbonising current operations and, at the same time, contributing towards the climate and energy targets established at European level, specifically those of the “Fit for 55” initiative for the chemicals sector.

“Our commitment to decarbonisation is not new, we already incorporate 40% of renewable energy in our operations, and this value will be 100% by 2030. The H2 Enable project is another main milestone for the reduction of the carbon footprint in the Estarreja Chemical Complex, as well as a major contribution to decarbonize other hard-to-abate sectors”, says Bondalti’s COO, André de Albuquerque.

This is a firm purchase order for alkaline stacks. Wood has been contracted as EPC for the FEED study. The electrodes will be produced in the Herøya facility in Norway, the world’s first fully automated electrolyser production line.

ENDS

18 tykkäystä
876

NewsWeb (oslobors.no)

  • record-high quarterly revenues of NOK 475 million in the second quarter of 2023, up 159% from NOK 183 million in the same quarter of 2022
  • Order intake was NOK 428 million, up 81% year-on-year
  • At the end of the second quarter, the
    order backlog was at NOK 2 964 million, up 106% from Q2 2022
  • EBITDA of NOK -138 million (Q2 2022: -197) driven by high losses in Fueling, low margins on electrolyser projects signed in 2020/2021 and increased personnel expenses to prepare for large-scale project execution.

“We continue to see positive developments due to increased production volumes and revenues from contracts with significantly improved terms,” says Håkon Volldal, CEO of Nel.

Vaikuttaa että liikevaihto olisi yllättänyt reilun myönteisesti, mutta tulos jää hieman pehmeäksi odotuksiin nähden.

image
image1004×478 99.9 KB

MarketScreenerin odotukset:
image

22 tykkäystä
877

”Lexus” tuossa ylhäällä otti jo esille nuo luvut. Tässä muutamia havaintoja Volldalin ja Björnsenin esityksestä.

Molemmat herrat vaikuttivat hyvin rauhallisilta. Björnsen on muuttunut selkeästi viimeisen vuoden aikana positiiviseen suuntaan. Varmoja asiantuntevia kommentteja. Volldal on päässyt sisään NELliin mainiosti ja vaikuttaa jo alan asiantuntijalta. Erittäin hyvä.
Mikä sijoittajan kannalta on positiivista NEL on selkeästi yksi merkittävä toimija alalla. Ohi on aika, kun myytiin kaikki mitä kysyttiin. Strategia BIGGER, BETTER ja FOCUSED paistaa läpi kaikesta puheesta. Tavoitteena suurempia projekteja laadukkaasti, siellä mistä hintaa saa.
Projektit vievät tottakai enemmän aikaa, mutta Volldal oli melko vakuuttunut, että ainakin yksi iso projekti jää haaviin H-kakkosella.
Kannattavuuden osalta suurin osa huonoista 2020/21 dealeistä toimitetaan tämän vuoden loppuun mennessä ja merkittävin osa jo toimitettu. Siis odotuksissa on, että 2024 tilanne alkaa parantua selvästi.
Selvä päänsärky on edelleen refueling-business. Kaliforniaan tehtiin hyvä kauppa, mutta lisää tarvitaan. Fokus-alueista USA vetää asiallisesti mutta Eurooppa laahaa ja EU:ta Volldal epäsuorasti jopa arvosteli…tukia liian vähän, liian hitaasti. Muut, lähinnä USA ja Kiina ajavat ohi.
Volldalin mukaan tukia tarvitaan nyt ja vain MUUTAMA VUOSI, sen jälkeen business kantaa itse. Ihan viisas ajatus, että jos Eurooppa haluaa peliin mukaan, toimittava on heti.
Refuelingissa standardoidut paketit kehittyvät ja niillä NEL uskoo saavansa kunnolla markkinoita.
Tähän uskon itsekin…nopeita, ketteriä ja selkeitä ratkaisuja.
SUMMARY
Mielestäni NEL on nyt hyvällä uralla. Elektrolyyserikapasiteetti on tälle vuodelle myyty ja kasvaa lähes kysynnän tahdissa. Osaamista on ja firmaa kehitetään tiukalla otteella. Sanoisinko business, laatu ja kannattavuus edellä. Ei haihatella. Halutaan vain hyvin kannattavat kaupat kunnon asiakkailta. Ei määrä vaan laatu.
Itse omistan rauhallisena NELlin osakkeita. Hitaasti hyvää tulee…mutta kuitenkin juuri nyt kiihtyvällä tahdilla.:+1::+1::+1:

31 tykkäystä
878

Näihin taas odotan loikkaa Q3-Q4 2023 aikana :slightly_smiling_face:

Screenshot_20230718_223018_Microsoft 365 (Office)
Screenshot_20230718_223018_Microsoft 365 (Office)1080×627 96.7 KB

10 tykkäystä
879

Mikäs NEL:n ja Nikolan suhde toisiinsa on nykyään? Luin tätä ketjua alusta, niin siellä puhuuttiin siitä, kuinka NEL:n kurssi seuraa Nikolaa. Nyt tällaista yhteyttä ei näyttäisi kuitenkaan mainittavasti enää olevan, jos ollenkaan.

880

Ei osakeomistusyhteyttä enää…elokuu 2022

No More Stake: Nel ASA Sells Shares In Nikola

Oslo, Norway - Norway’s Nel ASA has divested all its shares in the US-based Nikola Corporation. The hydrogen company further announced that a total of approximately 1.1 million Nikola shares have been sold for a total value of approximately USD 7.5 million.

Nel has reported the investment in Nikola as a financial current asset. The sale is not intended to affect in any way the good cooperation with Nikola, Nel ASA announced

2 tykkäystä
881

https://www-deraktionaer-de.translate.goog/artikel/mobilitaet-oel-energie/nel-historischer-meilenstein-20338103.html

Edit

19 tykkäystä
882

Tämä on juuri sitä, mitä NEL tarvitsee. Strategian BETTER osuutta. Refueling on laahannut jo pitkään. Tällä hetkellä keskitytään kompakteihin, ”standardoituihin” asemiin. Pyritään ketterään, yksinkertaiseen kokonaisuuteen, jonka tilaaja saa nopeasti käyttöön. Laatu tuntuu olevan riittävä…nyt vaan tuotekehitys valmiiksi ja kauppaa…:grinning:

7 tykkäystä
883

NEL:lin ”lyyserit”…erinomaista👍

19 tykkäystä
884

Tässä tilaisuus konkreettisesti…hyvä NEL ja hyvä Ovako;

14 tykkäystä
885

Tässä H2 View:n NELlin CTO:n haastattelu;

9 tykkäystä
886

Merkittävä sijaintipäätös;

PRESS RELEASE
September 26, 2023 – Oslo, Norway

Nel ASA: Nel has selected Plymouth in Michigan for its next gigafactory

(September 26, 2023 - Oslo, Norway) Nel has selected Plymouth Charter Township, a suburb of Detroit, Michigan, as the location for its next gigafactory. Fully developed, the factory will be among the world’s largest electrode manufacturing facilities, with a total annual capacity of 4 GW Alkaline and PEM technology.

“Plymouth Charter Township is an ideal location for Nel. Here, we have access to a highly educated workforce, universities and research institutions, and we are close to our collaborating partner, General Motors. In addition, the Government and the authorities of Michigan have provided a very attractive financial support package for us,” says Nel’s CEO, Håkon Volldal.

The Michigan Strategic Fund (MSF) has today decided to support the project with a USD 10 million Michigan Business Development grant. The MSF board also approved a 15-year, 100% State Essential Services Assessment (SESA) Exemption Request, valued at up to USD 6.25 million to support the project. Nel has so far secured more than USD 50 million in support for its Michigan site. Pending approval of additional state and federal applications, this amount could increase to around USD 150 million.

“We are thrilled to welcome Nel Hydrogen and its new gigafactory to Southeast Michigan,” says the Governor of Michigan, Gretchen Whitmer.

“This investment will bring good-paying jobs to the region and build on our leadership in cars, chips, and clean energy. We know the best manufacturing in the world happens right here in our state, and we were proud to share our vision for a clean energy future during our economic mission to Europe earlier this year. We will continue to let the world know about our state’s attractive business climate, talented workforce, and commitment to clean hydrogen development as we work to bring these transformational investments home to Michigan,” says Whitmer.

The manufacturing facility in Plymouth will build on Nel’s fully automated electrolyser concept, which the company has developed at its production facility in Herøya, Norway. Similarly, the company’s expansion of the facility in Wallingford will play a critical role in creating a blueprint for scaling up the production of Nel’s PEM electrolysers.

The factory will be built in steps to match supply with demand. A final investment decision for constructing this facility has not been made yet.

ENDS

15 tykkäystä
887

Hyvä suunnitelma, viimeinen lause antaa vähän vielä epävarmuuutta asialle.
Vähän niin kuin Plugin investoinnit Suomeen, vielä vähän pitkissä puussa, pikkuaisoista enää kiinni niin kuin rahoituksesta.
No ei nämä ainakaan ilman suunnitelmia toteudu.
Veyjunassa on nyt vähän kässäri päällä.

9 tykkäystä
888

Totta tuo käsijarru juuri nyt, mutta iso ikkuna on auki ja mielestäni kysymys on vaan ajoituksesta.
NELlin Ovako Steelin lyyseri on joka päivä käytössä, Heroyan tehdas ”rokkaa”…jatko-osa/laajennus valmistuu puolen vuoden kuluttua jne. Vertaamatta muihin…lyyseri-puoli on kunnossa. Edelleen odotan refueling-businekselle potkua, vaikka Kanadasta hyviä uutisia laadun suhteen tulikin. Volldal lupaili H2:lle isoa lyyserikauppaa, joten 3 kk aikaa😀. Samoin kertoili että ainakin 4 kvartaalin katteet olisivat jo selvästi paremmat. Kun Heroya toimii 24/7 ja lisäkapasiteetti on ihan oven takana, niin odotan että luvut ovat 2024 vuonna jo aivan erinäköiset.
Osake on dyykannut paljon, jonkun jutun mukaan tavoitehintoja on laskettu ja odotellaan uusia anteja. Tällai maalaisjärjellä ajatellen, näitä NELlin suunnittelemia investointeja ei pelkällä lainarahalla rahoiteta👍Katsellaan rauhassa.

15 tykkäystä
889

Nel mukana mielenkiintoisessa projektissa Iso-Britanniassa. Iso on mahdollisuus lentoliikenteessä mutta vaikea on toteutuskin. Toisaalta odotan, että tulisi konkreettisia ratkaisuja refueling puolelle ja ”standardointi-mallit” saadaan tuotantoon ja tekemään rahaa. Tällä hetkellä on liian hiljaista sillä rintamalla.
Toivotaan, ettei Volldal salli turhia projekteja, sillä ne vievät fokuksen ja rahat. Vaatii tiukkaa johtamista.

10 tykkäystä
890

Tässä tulosaikataulu;

Nel ASA: Invitation to Q3 2023 results presentation

(October 18, 2023 – Oslo, Norway) Nel ASA (Nel, OSE:NEL) will publish its third quarter 2023 report on 25 October 2023 at 07:00 CET, and host a presentation at 08:00 CET.

The quarterly report and presentation will be made available on www.newsweb.no and www.nelhydrogen.com.

The presentation at 08:00 CET will be a virtual event, followed by a Q&A session.

The live presentation can be accessed on the company’s website nelhydrogen.com/quarterly-presentation/ or by following this link. Please make sure to register early. A recording of the presentation will be publicly available following the event.

891

Kun lukee näitä juttuja…tämä ITM tai vaikkapa Everfuelin tarinoita, niin todella odottaa, että NELlin standardointi-projektit onnistuvat. Keskiviikkona 25. päivä kuullaan siitä lisää;

5 tykkäystä
892

Eteenpäin mennään. Tuloslive klo 09.00;

OSE-FILING
October 25, 2023 – Oslo, Norway

Nel ASA: Third quarter 2023 financial results

(October 25, 2023 - Oslo, Norway) Nel ASA (Nel, OSE:NEL) reported quarterly revenues of NOK 405 million in the third quarter of 2023, up 121% from NOK 183 million in the same quarter of 2022. EBITDA came in at NOK -109 million, showing a steady improvement from previous quarters. EBITDA margin from the electrolyser division was -10% this quarter, up from -12% in Q2’23 and -64% in the same quarter last year. Order intake was NOK 352 million, and at the end of the third quarter the order backlog was NOK 2 854 million, up 36% from Q3 2022 and in-line with the previous two quarters. The cash balance was NOK 3 799 million at quarter end.

Quarterly highlights

  • Nel ASA (Nel) reported revenue and income in the third quarter 2023 of NOK 405 million, up 121% from the third quarter 2022 (Q3 2022: 183). All segments, Fueling, PEM electrolysers and alkaline electrolysers experienced strong growth compared to the same quarter last year.
  • EBITDA in the quarter was NOK -109 million (Q3 2022: -214). The EBITDA is improving with increasing revenues on large-scale electrolyser contracts and improving cost control in Nel Fueling.
  • Net loss of NOK -226 million (Q3 2022: -260), mainly related to loss from operations and a net negative unrealised fair value adjustment from shareholdings of NOK -90 million. The same quarter last year had a net negative unrealised fair value adjustment from shareholdings of NOK -99 million.
  • Order intake in the quarter amounted to NOK 352 million (96% from electrolyser), down 55% from the same quarter last year (Q3 2022: 775).
  • At quarter end, Nel had an order backlog of NOK 2 854 million (86% related to electrolyser), up 36% from the third quarter of 2022, and in line with the previous quarter.
  • Cash balance of NOK 3 799 million at quarter end (Q3 2022: 3 520).
  • Reached a milestone of generating more than NOK 1 billion (NOK 1 239 million YTD 2023) in revenue and income (Full year 2022 revenue and income of NOK 994 million).

“For the first time we have exceeded one billion NOK in YTD revenues, with still one quarter to go. At the same time, margins are improving as the company is scaling production and becoming more streamlined” says Håkon Volldal, CEO of Nel. “This shows that our newly implemented strategy is starting show real impact”.

Nel Hydrogen Electrolyser reported a 116% increase in revenue and income compared to the same quarter last year. Growth in alkaline electrolysers was strong as Nel continued the deliveries of electrolyser equipment from the manufacturing facility at Herøya in Norway. Revenues from sales of alkaline electrolysers increased 194% compared to the same quarter last year, and quarterly sales of PEM electrolysers increased 51% from Q3 2022.

Nel signed two significant electrolyser contracts this quarter. The pipeline continues to improve, where the top 20 leads suggest an average project size of about 360 MW, and a median of about 250 MW. Overall demand is growing, and customers are increasingly looking towards suppliers with available capacity and a proven track record. However, project developers are facing increasing cost of capital with rising interest rates, higher renewable power prices, lack of visibility on funding schemes, and reduced concern about available capacity.

“With increased project size, complexity and risk, the need for competence and experience increases accordingly. Nel is therefore well positioned for large-scale leadership” says Håkon Volldal. “We are in a financially sound position and will only sign contracts with acceptable risk profiles that have a positive financial contribution”.

Plymouth Charter Township, a suburb of Detroit, Michigan, US, was in the third quarter selected as the home for Nel’s new electrolyser Gigafactory where the company is looking to build up to 4 GW of production capacity (in phases), split between PEM and Alkaline. Nel has also secured USD >50 million in state funding related to setting up the factory (both direct investment support and tax credits/exemption) and could potentially receive additional funding of USD 75m in federal/state support, predominantly in cash. No final investment decision has been made yet for the factory.

For the Fueling division, revenues remained at the same level as in Q2’23, while EBITDA margin improved from previous quarter and same quarter last year, implying the measures made in the division are starting to have an impact. Order intake in the third quarter was marginal as Nel is shifting focus towards high-capacity systems for heavy-duty transportation.

12 tykkäystä