'No viable commercial model' | Statkraft cancels 40MW electrolyser contract with Nel as Norwegian green hydrogen project flounders

Oslo-based renewables developer pulls out of deal amid the company’s wider scale-back of its global H2 strategy

The Mo Industripark, Mo i Rana, Norway
The Mo Industripark, Mo i Rana, NorwayPhoto: Mo Industripark
Published 1 May 2025, 09:53Updated 1 May 2025, 10:08
NelStatkraftgreen steelNorwayGreen H2