While hydrogen has tremendous potential for helping with decarbonization in the fight against global warming, it is hindered by the cost of producing it cleanly — which makes an event held Wednesday in Wallingford a step in the right direction. Nel Hydrogen, a Norway-based company that produces clean hydrogen from renewable resources, hosted local, state and federal officials, and current and potential customers from around the world, to celebrate its newly renovated and expanded facility at 10 Technology Drive. The global company, which reported $333.7 million in revenue but a net loss of $104.8 million in the third quarter of 2024, invested about $30 million to renovate and modernize its approximately 100,000-square-foot manufacturing facility to increase its capacity for producing electrolyzers, which use electricity to separate hydrogen and oxygen from water. Sunita Satyapal, the director of the Hydrogen and Fuel Cell Technologies Office of the U.S. Department of Energy, attended the event and praised Nel’s efforts to reduce the cost of clean hydrogen. She also said the federal bipartisan infrastructure law signed by President Biden in 2021 includes a National Clean Hydrogen Strategy.
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