The agreement means Nel will reserve capacity and start sourcing long-lead items for fuelling stations.
Equipment supplied by Nel will be manufactured at its factory in Herning, Denmark, once a final purchase order is signed.
Deliveries are scheduled to begin in late 2023 and will run throughout 2024.
Valued at approximately $7m (€6.6m), the CRA will be paid upon signature, with the final purchase order estimated to be $17m (€16m). A final agreement is expected to be made in 2023.
Robert Borin, Senior Vice-President of Nel Fuelling Division, said, “We look forward to providing our hydrogen fuelling equipment to this important client and contributing to the deployment of hydrogen fuelling infrastructure in the US.”
Earlier this year, Nel revealed it would supply a hydrogen refuelling model to HTEC in Canada, to support the creation of a refuelling station that can provide hydrogen fuel for zero-emissions light and heavy-duty vehicles.
The company also supplied hydrogen refuelling equipment to Biproraf for a refuelling station in Poland that will be used for vehicles and forklifts.
The installation of 16 hydrogen refuelling stations aligns with the US Inflation Reduction Act (IRA), which entitles qualified clean hydrogen producers to receive a tax credit for up to $3 per kg of hydrogen.
A Successful Ecosystem for Green Hydrogen – Iceland
It is becoming ever clearer that the entire green hydrogen ecosystem requires alignment. Hydrogen’s potential, performance, and safety are proven. Green hydrogen is widely accepted as a core pathway to Net Zero, yet the key levers in the transition are not yet in-sync.
For these reasons, H2 View is launching An Ecosystem for Green Hydrogen, a two and a half day summit in Reykjavík, Iceland on February 28 to March 2, 2023, devoted to thought leadership, insights, and actionable takeaways for the green hydrogen ecosystem.
In a world full of distractions and technical overload, we need inspiring places to refresh our minds and bodies. The power of Iceland lies in its nature, culture, and energy. These elements serve as the perfect backdrop for a memorable and effective event at the world renowned Harpa Centre.
The summit promises to tackle all sides of the energy ecosystem, from wind and solar power requirements, through to additionality, water sustainability, electrolyser technologies, and the investment and policy climate. The 2.5 day event is split over six sessions, delegates will hear from speakers representing all strands of the hydrogen value chain in a bid to unravel key issues in the industry, and where it can make some headway.
You can find more information at h2-viewevents.com.