Nel ASA: Joins hydrogen initiative with leading players to enable fossil-free steel rolling/milling
OSLO, Norway, June 22, 2021 /PRNewswire/ --Nel Hydrogen Electrolyser, a division of Nel ASA (Nel), (OSE: NEL), has entered into a collaboration for a fossil-free hydrogen facility in Hofors, Sweden, together with partners Ovako, Volvo, Hitachi ABB, and H2 Green Steel.
- OSLO, Norway, June 22, 2021 /PRNewswire/ --Nel Hydrogen Electrolyser, a division of Nel ASA (Nel), (OSE: NEL), has entered into a collaboration for a fossil-free hydrogen facility in Hofors, Sweden, together with partners Ovako, Volvo, Hitachi ABB, and H2 Green Steel.
- "We are very excited to enter into this shared initiative to jointly develop fossil-free alternatives for the steel industry.
- Green hydrogen has the characteristics to significantly reduce CO2 emissions from steel rolling and milling, and this will be the first project in the world to heat steel with hydrogen prior to rolling.
- Nel is a global, dedicated hydrogen company, delivering optimal solutions to produce, store, and distribute hydrogen from renewable energy.