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11 Aug
19:07

Nel’s order intake rises 61% in Q2, growth to continue

Norwegian electrolyser manufacturer Nel posted on Thursday a 61% on-year growth in order intake during the second quarter of 2022 to NOK 236 million ($24.8m), Kallanish reports. The continued positive market developments and strong demand for its products won’t be short-lived, ceo Håkon Volldal said during an earnings presentation. “Political support and real incentives are emerging, equipment capex is coming down, long-term green power purchas…
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