The gigawatt capacity order will be used for Hy Stor’s Mississippi Clean Hydrogen Hub (MCHH) in the US, an off-grid hydrogen production and salt cavern storage hub.
Pending final investment decision (FID), electrode production at Nel’s Herøya, Norway, plant will run through 2025, 2026 and the start of 2027. The capacity reservation won’t be considered as order intake or backlog until a firm purchase has been made.
Nel’s President and CEO, Håkon Volldal, claimed MCHH can enable “significant carbon emission reductions and leave in its wake a blueprint for successful, large-scale green hydrogen projects.”
Laura Luce, CEO and Founder of Hy Stor Energy, added, “Nel has proven electrolyser technologies and an automated manufacturing capability that fit perfectly with Hy Stor Energy’s plans to produce and deliver green hydrogen reliably and cost effectively.
“By pairing Nel’s technology with the MCHH project, we’re ready to deliver tangible results for our customers.”
MCHH was one of the hydrogen hubs to miss out on the US’ $7bn Regional Clean Hydrogen Hub awards last year (2023), after just seven were selected to receive between $750m and $1.2bn of federal funds.
Read more: H2Hubs one week on: The hubs that missed out
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