NEL Fuel AS (NEL), subsidiary of NEL ASA, has entered a final agreement with fellow Norwegian country Uno-X to rollout a minimum of 20 hydrogen (H2) refuelling stations throughout the Scandinavian country.
The dual scheme will build a network of H2 stations with H2 production onsite, so that fuel cell electric vehicles (FCEVs) can operate throughout all the major cities in Norway. The facilities will be deployed in cities such as Bergen, Trondheim, Stavanger, Kristiansand and the capital Oslo.
It is understood that NEL will provide all the technology for H2 production, along with the refuelling stations themselves, whilst Uno-X will be the main brand of the joint venture.
We see this as the start of establishing a real, commercial network of hydrogen refuelling stations in Norway
Although financials were not disclosed, the joint venture, entitled Uno-X Hydrogen AS, sees Uno-X owning the slightly bigger slice of 51% with NEL owning 49%.
Vegar Kulset, CEO of Uno-X, summarised, “NEL is in the forefront within H2 technology and competence. The world’s leading car manufacturers are investing heavily in hydrogen as their preferred clean energy technology, and large scale rollout of hydrogen vehicles are expected to accelerate from 2016.”
“We look forward to contributing to the transition to a low emission society though providing hydrogen refuelling stations to our customers.”
Bjørn Simonsen, Director of Market Development at NEL, outlined the significance of this agreement, “We see this as the start of establishing a real, commercial network of hydrogen refuelling stations in Norway, and are very pleased to team up with the leading Norwegian retail company in realising this.”