Aandeel NEL ASA CHX:NEL_O.CXE3, NO0010081235

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Het kan altijd erger schreef op 18 augustus 2021 07:43:

Nel ASA: Enters development partnership with SFC Energy
(Oslo, 18 August 2021) Nel ASA (Nel, OSE:NEL) has entered a development partnership with SFC Energy AG to jointly develop the world’s first integrated electrolyser and hydrogen fuel cell system for decentralized energy generation and storage. The development will be accelerated through using already mature products and proven technology from each respective party as basis for the integrated offering

“We are very excited to be joining forces with SFC Energy to jointly extend our industrial offering for environmentally friendly, decentralized energy generation and storage. With their proven track record and years of experience, we see a significant potential in developing solutions together to serve the distributed power generation market, where we see good growth prospects” says Jon André Løkke, CEO of Nel ASA.

The partnership will focus on developing industrial solutions to replace less efficient diesel generators with more efficient systems based on hydrogen fuel cells in combination with green hydrogen production through electrolysis. Initially, SFC Energy and Nel will address applications in a power range of up to 50kW with a daily operating time of two to ten hours which can be used as reliable emergency power generators for critical power applications. In the medium-term, the partnership is aiming to develop systems in the power range of up to 500 kW for telecom, data center and auxiliary power unit (APU) markets. The parties aim to introduce the first products to the market during the second half of 2022.

By using renewable energies such as solar or wind power, Nel's electrolysers will produce the green hydrogen required for the entire system. This is stored in a tank. The SFC Energy hydrogen fuel cell will then convert the gas reliably and climate neutrally back into electrical energy when needed. The integrated offering has potential to replace diesel generators with a high CO2-emissions, therefore making a significant contribution to the race-to-zero and decarbonization of the global economy.

“Through this development partnership, we aim to tap into the major market opportunities in environmentally friendly energy generation systems based on hydrogen and fuel cells. This brings together two market and technology leaders to focus their strengths and provide a viable response to the major challenges of climate change. With the world's first integrated electrolyser and hydrogen fuel cell system, we are addressing a wide range of applications such as critical and communication infrastructure as well as smart grid applications” says Dr. Peter Podesser, CEO of SFC Energy

SFC Energy AG is a leading provider of hydrogen and methanol fuel cells for stationary and mobile hybrid power solutions and has delivered more than 50,000 fuel cells to date. The company is headquartered in Brunntal/Munich and operates production facilities in Germany, The Netherlands, Romania and Canada. SFC Energy is listed on the Deutsche Boerse Prime Standard.

ENDS

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Rotel74 schreef op 19 augustus 2021 07:26:

Q2 resultaten

OSE-FILING
August 19, 2021 – Oslo, Norway
Nel ASA: Second quarter 2021 financial results
(Oslo, 19 August 2021) Nel ASA (Nel) reported revenues of NOK 163.7 million in the second quarter of 2021, up 10% from NOK 148.6 million in the same quarter of 2020 and an EBITDA of negative NOK 120.3 million (Q2 2020: -48.7) incl. one-offs and ramp-up cost. This includes costs relating to the ramp-up at the new Herøya facility which is still not contributing to revenue. The order backlog ended at NOK 1 078 million, up ~4% from same quarter last year. The cash balance ended at NOK 3.07 billion. Nel reiterates the strong long-term outlook and growth prospects for the sector.
“In the second quarter, we are very happy to see that the ramp-up of our Herøya facility is going according to plan despite challenges related to the pandemic. The new, fully automated, 500MW production line will be a game changer for Nel and for the industry once it is producing and we will start the ramp-up in the third quarter of this year; significantly reducing the costs of producing green hydrogen. As expected, Nel’s second quarter results are impacted by the strategic ramp-up, investments in people and technology and the continued effects of the Covid-pandemic. We are still expecting that the order intake will vary between quarters as order sizes increases and public funding mechanisms are being implemented.” says Jon André Løkke, Chief Executive Officer of Nel.
Nel reported revenue and operating income in the second quarter 2021 of NOK 163.7 million (148.7), following a growth in both the Fueling and Electrolyser segment compared to the same quarter in 2020. Nel is no longer reporting adjusted EBITDA separately, however, the EBITDA includes one-offs and ramp-up cost. In particular, results are impacted by costs relating to the ramp-up at Herøya, before production and revenue contribution from the facility. The reported operating loss was NOK -149.1 million (-70.2), while the pre-tax loss ended at NOK -314.1 million (594.3) following a net negative fair value adjustment related to the shareholding in Everfuel and Nikola. The backlog is up slightly since second quarter last year, with an order intake of around NOK 150 million in the quarter. Net cash balance at the end of second quarter 2021 was NOK 3.07 billion.
“Nel has a solid balance sheet and a strong financial position to execute on our strategic plans, and we will continue to invest in technology and people in order to maintain our leadership in what will be a rapidly growing market,” Løkke comments.
Nel is expanding its electrolyser capacity at Herøya, Norway, which is a key element to delivery on the cost target of USD 1.5/kg set out at the Capital Markets Day in January. The expansion of the electrolysis production will accommodate large-scale projects by constructing a fully automated manufacturing facility. The construction process is on track, with more than 45,000 manhours completed and with zero HSE incidents. Installations, verification of improved technology and tests of installed equipment are completed to meet production start and ramp-up in Q3 2021.
“We remain confident in the long-term potential of the green hydrogen industry and reiterate the strong growth outlook. 2021 will be a monumental year for the industry, and even if we should see the first 100MW+ project in the industry this year, larger orders are taking longer to close as we are waiting for important public financing mechanisms to come through. With the new production facility at Herøya we remain confident that Nel is well suited to capitalise on these opportunities with our proven track record, market leading position and global delivery and execution muscle” Løkke concludes.
EBITDA and other alternative performance measures (APMs) are defined and reconciled to the IFRS financial statements as a part of the APM section of the second quarter 2021 report on page 24.
The second quarter 2021 report and presentation are enclosed and available through www.newsweb.no (Ticker: NEL) and www.nelhydrogen.com. Nel will host a presentation at 08.00 CET and the event can be streamed at channel.royalcast.com/landingpage/heg... There are available places to view the presentation in-person at H7-2, Haakon VIIs gate, Oslo - those registered will be prioritized as participation is limited due to Covid-19 restrictions (Contact ir@nelhydrogen.com to register).
The presenters will be Chief Executive Officer Jon André Løkke and Chief Financial Officer Kjell Christian Bjørnsen, and the presentation will be held in English.
ENDS
For further information, please contact:
Kjell Christian Bjørnsen, CFO, +47 917 02 097
Ida Marie Fjellheim, Investor Relations, +47 905 09 291
About Nel ASA | www.nelhydrogen.com

quote:

DeZwarteRidder schreef op 19 augustus 2021 09:09:

Nog even en de koers staat weer onder de 10 NOK.

De kopers van deze flutaandelen worden eindelijk wakker geschud.

quote:

DeZwarteRidder schreef op 19 augustus 2021 09:09:

Nog even en de koers staat weer onder de 10 NOK.

De kopers van deze flutaandelen worden eindelijk wakker geschud.

quote:

DeZwarteRidder schreef op 19 augustus 2021 08:23:

[...]

Dit valt gigantisch tegen en gaat een groot koersverlies opleveren.

quote:

Matsversch schreef op 19 augustus 2021 09:14:

[...]Lol,
Het verlies is veel minder als vorig kwartaal en investeringen werden gemaakt en paar grote opdrachten zijn erbij gekomen.
Resultaat?
+9% op de beurs.
Zet je pc eens af en laat ons doen hier.
Niemand heeft nog interesse in wat jij allemaal zit te janken.