Hydrogen Technologies has been acquired by a new owner group, as a result, the firm will change its name to NEL Hydrogen.
In an official statement, the company summarised the transition as: “New name – new visions – strong traditions”. Despite its new name the firm still retains its focus upon hydrogen generation plants based on water electrolysis technology. Indeed, NEL continues to supply energy efficient hydrogen solutions for industrial applications, hydrogen fuelling stations and distributed energy systems worldwide.
The Norwegian company began in 1927, when Norsk Hydro began using water electrolysis technology to provide hydrogen for its large-scale ammonia production. Since then the technology has gone on to be adapted, honed and developed. By 1974, the firm instigated commercial sales of the electrolysers through its descendent, Norsk Hydro Electrolysers (NHEL) in 1974. This in turn evolved into Hydrogen Technologies in 2006.
Thanks to a recent investment, the company is now jointly owned on a 60:40 basis between Norwegian technology company Strata Marine & Offshore, alongside the management team NEL Hydrogen.
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