Nel (Alternative Energy Equipment) Overview
- Year Founded
-
1927

- Status
-
Public
- Employees
-
394

- Stock Symbol
-
NEL

- Investments
-
16
- Share Price
-
$0.23
- (As of Friday Closing)
Nel (Alternative Energy Equipment) General Information
Description
NEL ASA is a hydrogen company delivering optimal solutions to produce, store and distribute hydrogen from renewable energy. It serves industries, energy, and gas companies with hydrogen technology. The company's hydrogen solutions cover the entire value chain from hydrogen production technologies to the manufacturing of hydrogen fueling stations, providing all fuel cell electric vehicles with the same fast fueling and long range as conventional vehicles. The company's segments include Nel Alkaline Electrolyser and Nel PEM Electrolyser. It generates maximum revenue from the Nel Alkaline Electrolyser.Nel Alkaline Electrolyser segment global supplier of hydrogen production equipment based on alkaline water electrolysis technology.
Contact Information
Website
www.nelhydrogen.comCorporate Office
- Karenslyst allé 49
- 0279 Oslo
- Norway
Corporate Office
- Karenslyst allé 49
- 0279 Oslo
- Norway
Nel (Alternative Energy Equipment) Timeline
Nel (Alternative Energy Equipment) Stock Performance
As of 16-May-2025, Nel (Alternative Energy Equipment)’s stock price is $0.23. Its current market cap is $417M with 1.84B shares.
(As of Friday Closing)
Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
---|---|---|---|---|---|---|
$0.23 | $0.22 | $0.18 - $0.76 | $417M | 1.84B | 7.8M | -$0.02 |
Nel (Alternative Energy Equipment) Financials Summary
As of 31-Mar-2025, Nel (Alternative Energy Equipment) has a trailing 12-month revenue of $116M.
In Thousands, USD |
TTM 31-Mar-2025 | FY 2024 31-Dec-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 |
---|---|---|---|---|
EV | 277,514 | 238,099 | 804,584 | 1,872,473 |
Revenue | 116,233 | 128,940 | 127,431 | 94,664 |
EBITDA | (30,996) | (14,749) | (47,431) | (111,395) |
Net Income | (36,794) | (22,667) | (80,737) | (121,186) |
Total Assets | 603,722 | 556,044 | 772,538 | 709,178 |
Total Debt | 24,580 | 22,933 | 25,531 | 22,758 |
Nel (Alternative Energy Equipment) Valuation & Funding
Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
---|
Nel (Alternative Energy Equipment) Comparisons
Industry
Financing
Details
Nel (Alternative Energy Equipment) Competitors (9)
One of Nel (Alternative Energy Equipment)’s 9 competitors is Plug Power, a Formerly VC-backed company based in New York, NY.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Plug Power | Formerly VC-backed | New York, NY | ||||
SunHydrogen | Corporation | Santa Barbara, CA | ||||
Nuvera Fuel Cells | Corporate Backed or Acquired | Billerica, MA | ||||
H2Pro | Venture Capital-Backed | Caesarea, Israel | ||||
Hy2gen | Private Equity-Backed | Wiesbaden, Germany |
Nel (Alternative Energy Equipment) Patents
Nel (Alternative Energy Equipment) Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
AU-2011265523-A1 | Alzheimer's probe kit | Inactive | 03-Nov-2011 | ||
CA-2762779-A1 | Alzheimer's probe kit | Inactive | 03-Nov-2011 | ||
US-20130116132-A1 | Alzheimer's probe kit | Inactive | 03-Nov-2011 | ||
CA-2786860-A1 | Diagnostic gene expression platform | Inactive | 15-Jan-2010 | ||
US-20120295815-A1 | Diagnostic gene expression platform | Inactive | 15-Jan-2010 | C12Q1/6886 |
Nel (Alternative Energy Equipment) Signals
Nel (Alternative Energy Equipment) Investors
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|
Nel (Alternative Energy Equipment) Investments & Acquisitions (16)
Nel (Alternative Energy Equipment)’s most recent deal was a Joint Venture with Developer of Power to X Facility ( MET Group and Nel ASA). The deal was made on 01-Jun-2022.
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
Developer of Power to X Facility ( MET Group and Nel ASA) | 01-Jun-2022 | Joint Venture | Other Energy Services | ||
Joint Venture (Nel / SFC Energy) | 18-Aug-2021 | Joint Venture | Alternative Energy Equipment | ||
Everfuel | 21-Oct-2020 | PE Growth/Expansion | Energy Production | ||
Liquid Wind | 01-Feb-2020 | Seed Round | Other Materials | ||
Everfuel | 01-Jun-2019 | Joint Venture | Energy Production |
Nel (Alternative Energy Equipment) ESG
Risk Overview
Risk Rating
Updated January, 21, 2025
24.05 | Med Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
of 14,631
Rank
Percentile

Machinery
Industry
of 570
Rank
Percentile

Industrial Machinery
Subindustry
of 421
Rank
Percentile

Nel (Alternative Energy Equipment) Exits (4)
Nel (Alternative Energy Equipment)’s most recent exit was on 21-Oct-2020 from Everfuel. The exit was categorized as with 4 buyers.
Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
---|---|---|---|---|---|
Everfuel | 21-Oct-2020 | Completed |
|
||
Everfuel | 01-Jun-2019 | Completed |
|
||
JW Marine | 20-Mar-2007 | Completed |
|
||
Nikola | Later Stage VC | Completed |
Nel (Alternative Energy Equipment) Affiliates
Subsidiaries (2)
Name | Industry | Location | Year Founded |
---|---|---|---|
NEL-Hydrogen | Oslo, Norway | 1927 | |
New Nel Hydrogen |
Nel (Alternative Energy Equipment) FAQs
-
When was Nel (Alternative Energy Equipment) founded?
Nel (Alternative Energy Equipment) was founded in 1927.
-
Where is Nel (Alternative Energy Equipment) headquartered?
Nel (Alternative Energy Equipment) is headquartered in Oslo, Norway.
-
What is the size of Nel (Alternative Energy Equipment)?
Nel (Alternative Energy Equipment) has 394 total employees.
-
What industry is Nel (Alternative Energy Equipment) in?
Nel (Alternative Energy Equipment)’s primary industry is Energy Production.
-
Is Nel (Alternative Energy Equipment) a private or public company?
Nel (Alternative Energy Equipment) is a Public company.
-
What is Nel (Alternative Energy Equipment)’s stock symbol?
The ticker symbol for Nel (Alternative Energy Equipment) is NEL.
-
What is the current stock price of Nel (Alternative Energy Equipment)?
As of 16-May-2025 the stock price of Nel (Alternative Energy Equipment) is $0.23.
-
What is the current market cap of Nel (Alternative Energy Equipment)?
The current market capitalization of Nel (Alternative Energy Equipment) is $417M.
-
What is Nel (Alternative Energy Equipment)’s current revenue?
The trailing twelve month revenue for Nel (Alternative Energy Equipment) is $116M.
-
Who are Nel (Alternative Energy Equipment)’s competitors?
Plug Power, SunHydrogen, Nuvera Fuel Cells, H2Pro, and Hy2gen are some of the 9 competitors of Nel (Alternative Energy Equipment).
-
What is Nel (Alternative Energy Equipment)’s annual earnings per share (EPS)?
Nel (Alternative Energy Equipment)’s EPS for 12 months was -$0.02.
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