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12 Dec
18:43

HyCC cancels 40-MW Nel order on slower market conditions

Norwegian electrolyser manufacturer Nel said Tuesday that HyCC decided to cancel a 40-megawatt electrolysis stacks order due to market conditions, Kallanish reports. The cancellation will have a negative backlog impact of about €12 million ($12.95m), the manufacturer says. It plans, however, to supply alkaline electrolysers in the new setup for the H2eron project, with a capacity of up to 50 MW. HyCC announced in a separate statement the postponement of th…
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