Electrolyser maker Nel stacks up nearly $170m in subsidies for proposed Michigan gigafactory

Latest $41m tax credit award ‘increases attractiveness’ of taking FID, says CEO

Nel CEO Håkon Volldal with Michigan governor Gretchen Whitmer at the company's Oslo headquarters in 2023.
Nel CEO Håkon Volldal with Michigan governor Gretchen Whitmer at the company's Oslo headquarters in 2023.Photo: Nel
Published 5 April 2024, 12:00Updated 5 April 2024, 12:00