Nel Hydrogen Revenue and Competitors

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Oslo, Norway



Total Funding

Estimated Revenue & Valuation

  • Nel Hydrogen's estimated annual revenue is currently $145.9M per year.(i)
  • Nel Hydrogen's estimated revenue per employee is $262,500

Employee Data

  • Nel Hydrogen has 556 Employees.(i)
  • Nel Hydrogen grew their employee count by 15% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
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Nel Hydrogen is the first dedicated hydrogen company on the Oslo Stock Exchange. We have our roots from the hydrogen activities of Norsk Hydro, dating back to 1927. Our main products are hydrogen production plants for industry and energy applications, hydrogen fueling stations for the transport sector, and power-to-gas/power-to-power solutions for the renewable industry.



Total Funding


Number of Employees


Revenue (est)


Employee Growth %





Nel Hydrogen News

2022-04-20 - Nel Gets Two Orders For Hydrogen Fueling Systems

By Dominic Chopping. Nel ASA said Wednesday that its Nel Hydrogen Fueling subsidiary has received two purchase orders from a European client...

2022-04-13 - Nel ASA: Official Opening of the Herøya Facility

Green renewable hydrogen currently makes up just one percent of the world's total industrial and mobility hydrogen consumption. But Nel's...

2022-03-22 - Nel Gets Hydrogen Fueling Deals in Canada and Poland

Nel ASA said Friday that its Nel Hydrogen Fueling subsidiary has received a $1.5 million order from Canada's Hydrogen Technology & Energy...

2019-09-05 - Behind New Billionaire Trevor Milton's $3 Billion Push To ...

Hydrogen, says the 37-year-old founder and chief executive of Nikola, can ... Nel Hydrogen and Worthington Industries, a metals manufacturer.

2019-08-30 - Nuclear generator links up with hydrogen specialist

Exelon and Nel Hydrogen aim to demonstrate integrated hydrogen production, storage and utilisation at existing nuclear-power site as part of a ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding

Nel Hydrogen Executives

Arndt LutzPresident, CEO North America / Fueling Division
Kjell BjørnsenCFO
Anders SørengCTO
Arne DuyckaertsChief Human Resources Officer
Arndt LutzPresident, CEO North America / Fueling Division
Everett AndersonVice President, Advanced Product Development
Morten GulliksenVP Project Control , Nel Hydrogen
Mads BuddeVice President, Development & Engineering, Fueling
Birgitte NordvikVice President Contract and Procurement management
Erik Løkke-ØwreVice President Operations, Alkaline
Lars SolheimSVP
Raluca LeordeanuVP Business Development
Stein ErdalGeneral Counsel and Vice President Legal
Hallgeir ØyaVP Advanced Product Development
Karsten PoulsenVice President Operations
Hans FellVice President Technical Sales
Kathy AyersVice President of Research and Development
Filip SmeetsSenior Vice President Nel Electrolyser Division
Raluca LeordeanuVP Products, Electrolyser