Nel ASA: SAMSUNG E&A launches its CompassH2 hydrogen plant solution, utilizing Nel's alkaline technology

15 May 2025 10:20 CEST

(May 15, 2025 - Oslo, Norway) SAMSUNG E&A has unveiled the CompassH2, a new
hydrogen plant concept built to achieve industry-leading performance and cost
-efficiency by offering an integrated solution covering every phase of the value
chain. The concept is based on Nel's electrolyser technology, further validating
Nel's competitiveness in large-scale applications.

"We are very pleased with the partnership with SAMSUNG E&A, where they are now
commercializing its solution utilizing Nel's technology as they expand into
large-scale electrolyser-based hydrogen production," says Håkon Volldal,
President and CEO of Nel.

SAMSUNG E&A will present its solution at the Nel booth at the World Hydrogen
Summit in Rotterdam, May 21[st] at 11:00 CET.

Read the full announcement from SAMSUNG E&A
here (https://www.samsungena.com/en/newsroom/news/view?idx=15707).

ENDS


For additional information, please contact:
Wilhelm Flinder, Head of IR, Communications and Marketing, +47 936 11 350

About Nel ASA | www.nelhydrogen.com
Nel has a history tracing back to 1927 and is today a leading pure play hydrogen
electrolyser technology company with a global presence. The company specializes
in Alkaline and PEM technology for production of renewable hydrogen. Nel's
product offerings are key enablers for a green hydrogen economy, making it
possible to decarbonize various industries such as transportation, refining,
steel, and ammonia.

More information:
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