Nel and Statkraft newly signed a contract for delivery of 40 MW of electrolyser equipment, and will thus collaborate to create a strong value chain for production of green hydrogen in Norway. Statkraft recently placed a purchase order for 40 MW of alkaline electrolyser equipment from Nel. The electrolyser stacks will be produced at Nel's manufacturing plant at Herøya and used for the production of renewable hydrogen in one of Statkraft's many hydrogen projects.

Statkraft has the ambition to accelerate its annual development rate to 4 GW of new power production per year and to add 2 GW of renewable hydrogen production by 2030. In Norway Statkraft will strengthen its efforts in developing new renewable power production as well as flexibility within hydropower and wind power both on- and offshore.