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Nel Shares Drop After Customer Cancels Order

Por: MarketWatch Business December 13, 2023

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In a statement late Tuesday, Nel said HyCC has cancelled a purchase order for 40 megawatts of electrolyzer equipment after postponing a hydrogen project where the equipment was going to be used. HyCC in February ordered around 12 million euros ($13 million) of equipment to be used at its H2eron green hydrogen plant in Delfzijl, Netherlands. The project has now been postponed and isn't expected to be realised until 2028 at the earliest, so... + full article



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