United States – Nel has made the final investment decision to increase the production capacity at its PEM electrolyser manufacturing site in Wallingford, Connecticut.
By 2025, the project will increase yearly output capacity to about 500 MW. The new production line is anticipated to reach nameplate capacity in 2025, with an investment cost of roughly NOK 260 million.
In the US, where creating a high-quality production concept is essential for setting up Nel’s intended Gigafactory, the creation of the 500 MW PEM production line will significantly contribute to future expansion ambitions.
Up to 4 GW of production capacity could be available at the proposed Gigafactory, split between PEM and Alkaline.
Additionally growing is Nel in Norway. The second production line at the Herya site is now being built by the business, and by April 2024, the output capacity is anticipated to be around 1 GW.