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$NLLSF News out! Nel ASA: Receives contract for

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TPX Member Level  Friday, 05/10/19 10:07:46 AM
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$NLLSF News out! Nel ASA: Receives contract for H2Station® solution for hydrogen buses in London
(Oslo, 10 May 2019) Nel Hydrogen A/S, a subsidiary of Nel ASA (Nel, OSE:NEL), has received a contract for an H2Station® solution from London Bus Services Limited (LBSL). The station will provide fuel to 20 hydrogen buses operating in London.
“We're very excited to have received this contract for our new bus H2Station® solution. In addition to having a much higher capacity than previous station solutions, the H2Station® allows for a fueling time down to 5 minutes, equal to that of traditional diesel buses. Hydrogen buses are already a competitive alternative to battery buses and will, in the near future, also be a competitive alternative to diesel buses on a total cost of ownership basis. We see significant opportunities in this market segment going forward,” says Jens Egholt Rasmussen, Sales Director Fueling.

Tom Cunnington, TfL’s Head of Bus Business Development, said: “We are pleased to have signed this contract with Nel. This state-of-the-art hydrogen station allows us to refuel hydrogen buses in only five minutes. This is a major benefit on the road to zero emission, matching the time taken to fill up conventional buses. Hydrogen buses can also store more energy on board than equivalent buses, meaning they can be deployed on longer routes.”

The contract has a total value of approximately EUR 2.5 million, and includes a 10 year service and maintenance contract. The station, which will be installed in 2020, will service a fleet of 20 hydrogen fuel cell buses at Metroline’s Perivale bus depot. Currently, London has 9000 buses in operation, and plans to make all buses in London zero emission by 2037.

https://nelhydrogen.com/press-release/nel-asa-receives-contract-for-h2station-solution-for-hydrogen-buses-in-london/

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