Nel ASA Partners with Samsung E&A for Green Hydrogen Plants - Nel ASA OR Nel ASA Signs Collaborations Deal with Samsung E&A on Hydrogen Project

11 March, 2025 | 4 Min Read

tickers affected by this

ticker	polarity	why?
SSNLF	positively	The ticker SSNLF (SAMSUNG E&A) will likely be positively affected by this collaboration as it secures a significant stake in Nel ASA, a leading player in electrolyser technology, and expands its hydrogen plant offerings, potentially increasing its market share and revenue streams. Additionally, the strategic partnership will enhance Samsung’s ability to provide comprehensive hydrogen solutions, making it more competitive in the growing green hydrogen market.
NLLSF	positively	The ticker NLLSF will likely be affected positively due to the strategic collaboration with SAMSUNG E&A, which will enhance Nel ASA’s global delivery capabilities and competitive edge in the hydrogen plant industry. Additionally, the private placement increasing SAMSUNG E&A’s stake in Nel ASA to 9.1% provides a significant financial boost and validates the company’s technology and market position, which can drive investor confidence and stock value.

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summary

Nel ASA Expands Hydrogen Plant Offerings with SAMSUNG E&A Collaboration

March 11, 2025 | OSLO, Norway Nel ASA has embarked on a significant strategic move by signing an EPC collaboration agreement with Samsung S University (SAMSUNG E&A). Essentially, they’re merging expertise to create hydrogen synthesis plants of SAMSUNG E&A’s own design, supported by Nel’s electrolysers. Alongside this partnership, SAMSUNG E&A will acquire a 10% stake in Nel ASA through a private placement, lifting its post-transaction ownership to 9.1%, making it the largest shareholder.

Green Technological JetiqOioco

Nel is a globally recognized leader in electrolyser technology, working with clients, both independently and through EPC partners. This collaboration with SAMSUNG E&A strengthens Nel’s global delivery capabilities and competitive edge within the hydrogen plant industry. This transaction is expected not only to clash Nel’s for Expanded manufacturing capabilities with a Korean total solutions provider. SAMSUNG E&A is already involved in several large-scale hydrogen projects worldwide and aims to provide a wide variety of engineering services comprising feasibility, design, procurement, construction execution, and commissioning. This new collaboration will allow SAMSUNG E&A to offer its clients complete hydrogen plant design packages leveraging Nel’s Alkaline and PEM electrolysers. Additionally, the two companies will collaborate on developing an expanded system Balance stack BOS for Nel’s Alkaline electrolysers. The collaboration agreement will enable Samsung to extend its solution packages to existing customers. SAMSUNG E&A, during its long existence in the market for several years, has been a preferred customer ofNel. Having a technology partnership will help Nel to penetrate the Korean market. The private placement involves Nel ASA issuing approximately 167 million new shares to SAMSUNG E&A at about NOK 2.1125 per share, totaling around NOK 353 million. SAMSUNG E&A will have a two-year lockdown on the shares.

Collaborations and Seller’s Market

“Our strategy is to focus on electrolyser stack and balance-of-stack technology”, says Håkon Volldal, President, and CEO of Nel ASA.. “Therefore, we need to work with EPC companies who can provide balance-of-plant solutions and increase our global market reach. Thus, we need to, You can work with the provider of Balance of woods, and they can work with systems which enable this. But there is a clear problem with my business. In the volume 2 notes, he elaborates, “As part of SAMSUNG E&A, the technology needed in settlements, moving companies, CA, and volume can help to provide a robust value proposition and bankability to project owners. Green hydrogen is a Transaction-assured carbon-free option that has a high and true value and it will not be a sinking ship all the way down the line within the coming days” These figures are in line with expectations for the next 3 to 5 years. The increase in the EPC volume data is tied to many reasons like expectations for a variety of megaprojects across Canada, Europe, the US. In addition, the expansion of the Middle Eastern crude oil markets from sources at current and future energy prices provides much better opportunities for the company’s finest products there..