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Nel Korea receives purchase orders for three additional hydrogen fueling stations

Nel Korea Co., Ltd., a subsidiary of Norway-headed hydrogen technology provider Nel ASA (Nel) has announced that it has received a purchase order from Hydrogen Energy Network Co., Ltd. (HyNet) for three additional H2Station hydrogen fueling stations in South Korea.

A hydrogen fuelling dispenser (photo courtesy Nel).

Nel Korea Co., Ltd., a subsidiary of Norway-headed hydrogen technology provider Nel ASA has received a purchase order from Hydrogen Energy Network Co., Ltd. (HyNet) for three additional H2Station hydrogen fueling stations in South Korea (photo courtesy Nel).

The value of the purchase order is around EUR 4 million. HyNet is a special purpose company established to roll out 100 hydrogen fueling stations in South Korea by 2022, as part of the national ambition in Korea to have more than 300 stations operational by the same year.

We are happy to receive the purchase orders for three additional hydrogen fueling stations. It is another milestone after we went operational with our first H2Station in Chungbuk province last week, said Yong-Kyu Lee, Sales Director for Nel Korea.

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