Skip to content
Nel Hydrogen logo — company profile

Nel Hydrogen

Founded 1927 Norway Norway 362 employees Grant Total: $217.60M Energy, Industrial +3

General Information

Company Name Nel Hydrogen
Founded Year 1927
Location Norway Norway
Employees 362
Industries Energy, Industrial, Renewable Energy +2
Funding Stage Grant
Social

BounceWatch is an independent company data service, not affiliated with Nel Hydrogen. To contact Nel Hydrogen, visit nelhydrogen.com.

Is this your company?

Confirm with your work e-mail, get the Verified badge and keep this profile correct yourself. Search engines and AI assistants read it every day.

Get Verified

How does Nel Hydrogen compare?

A PDF of Nel Hydrogen and up to 10 competitors you pick: team, funding, traffic and every dated move of the last 90 days. Each company is re-checked on the day you order, so it is current.

See a sample report

This takes a few seconds: we look beyond our own index too.

Meeting Nel Hydrogen soon?

A one-page PDF brief: what it does, key facts, the last 90 days of dated moves and questions worth asking. Re-checked on the day you order. See a sample

About Nel Hydrogen

Nel Hydrogen, a company established in 1927, is at the forefront of pure play hydrogen electrolyser technology, boasting a significant global footprint. Specializing in Alkaline and PEM technology, Nel is instrumental in the green hydrogen economy, facilitating the decarbonization of several industries including transportation, refining, steel, and ammonia production.

Operating within the Energy, Industrial, Renewable Energy, Oil and Gas, and Energy Storage sectors, the company has demonstrated resilience and longevity, evidenced by its long-standing history and continued innovation in renewable hydrogen production.

Notably, Nel Hydrogen recently secured a significant investment of €135.00M from the European Commission on 22 October 2024, underlining the institution's confidence in Nel's strategic vision and its capability to further the renewable energy transition.

Services & Products

Manufacturing Electrolysers
Hydrogen Generation
Hydrogen Storage and Systems
Renewable Energy Projects

Target Customers

Industrial Companies Public Transportation Entities Food Production Companies Energy Sector Companies Defense and Aerospace Companies

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Grant €135.00M 1
European Commission
22 Oct 2024
Grant $75.00M 2
US Department of Energy, State of Michigan
13 Mar 2024
Grant $5.60M 1
U.S. Department of Defense
04 Oct 2022
Grant €2.00M 1
EASME
01 Jun 2015

Nel Hydrogen Alternatives & Competitors

View All Alternatives
Nel Hydrogen vs
Seadrill
Seadrill United Kingdom

From shallow to ultra-deep water, in both harsh and benign environments, we are #SettingtheStandard...

Post-IPO Debt
5684 employees
Industrial, Oil and Gas
Nel Hydrogen vs

Delivering natural gas for a better tomorrow.

479 employees
Energy, Oil and Gas
Nel Hydrogen vs
ConocoPhillips
ConocoPhillips United States

We are a global oil and gas company tasked with an important job - to safely find and deliver energy...

Post-IPO Equity
16610 employees
Energy, Oil and Gas

FAQ About Nel Hydrogen

Nel has a history tracing back to 1927 and is today a leading pure play hydrogen electrolyser technology company with a global presence. The company specializes in Alkaline and PEM technology for production of renewable hydrogen. Nel's product offerings are key enablers for a green hydrogen economy,...
Nel Hydrogen was founded in 1927.
Nel Hydrogen is headquartered in Norway.
Nel Hydrogen operates in Energy, Industrial, Renewable Energy, Oil and Gas and Energy Storage. Its customers include Industrial Companies, Public Transportation Entities and Food Production Companies.
Nel Hydrogen has approximately 362 employees.
Nel Hydrogen has completed 4 funding rounds, raising a total of $217.60M. The latest funding stage is Grant.
Nel Hydrogen offers: Manufacturing Electrolysers, Hydrogen Generation, Hydrogen Storage and Systems, Renewable Energy Projects.
Top alternatives and competitors to Nel Hydrogen include Seadrill, Oklahoma Natural Gas, ConocoPhillips. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Nel Hydrogen and Seadrill are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Nel Hydrogen, https://bouncewatch.com/company/nel-hydrogen, updated 20 August 2025. When citing, please name BounceWatch and link this page.

Analytics cookies (ours + Google). Cookie Policy

Talk to an analyst Book a 7-day Readout