Nel Hydrogen Competitors and Similar CompaniesClear all

Nel Hydrogen's competitors and similar companies include ITM Power and Siemens Gamesa.
Nel Hydrogen
Nel Hydrogen
Nel ASA is a company that develops and manufactures PEM and alkaline electrolysers for hydrogen production.
ITM Power
ITM Power
ITM Power is a company that specializes in designing and manufacturing proton exchange membrane (PEM) electrolysers.
Siemens Gamesa
Siemens Gamesa
Siemens Gamesa Renewable Energy (formerly known as Grupo Auxiliar Metalúrgico) is a company that provides onshore and offshore wind turbine technologies.
Founding Date
Founding Date
1927
Founding Date
2000
Founding Date
1976
Type
Type
Public
Type
Public
Type
Subsidiary
Tags
Locations
Locations
Oslo, NO HQ
Vienna, AT
Brussels, BE
Santiago, CL
Munich, DE
Notodden, NO
Porsgrunn, NO
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Locations
Rotherham, GB HQ
Queensland, AU
Linden, DE
Edinburgh, GB
Sheffield, GB
Locations
Zamudio, ES HQ
Buenos Aires, AR
Bayswater, AU
Macquarie Park, AU
Wien, AT
Beersel, BE
Camaçari, BR
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Employees
Employees
394
Employees
30814% decrease
Employees
29,6021% increase
Valuation ($)
Valuation ($)
702.1 m
Valuation ($)
323.5 m
Valuation ($)
N/A

Financial

Revenue (est.)
Revenue (est.)
kr963.1m (FY, 2025)
Revenue (est.)
£26m (FY, 2025)
Revenue (est.)
€82.2m (Y, 2024)
Cost of goods
Cost of goods
kr400.6m (FY, 2025)
Cost of goods
£42.3m (FY, 2025)
Cost of goods
N/A
Gross profit
Gross profit
kr678.2m (FY, 2025)
Gross profit
(£12.9m) (FY, 2025)
Gross profit
N/A
Net income
Net income
(kr1.3b) (FY, 2025)
Net income
(£45.5m) (FY, 2025)
Net income
€145.7m (Y, 2024)

Operating

Order Intake
Order Intake
kr775m (Q3, 2022)
Order Intake
N/A
Order Intake
€1.6b (Q1, 2023)

Funding

Total funding raised
Total funding raised
$ 75m
Total funding raised
$ 15.2m
Total funding raised
N/A
For sources of this data, please see the company profile

View Company Profiles

ITM Power
HQ
Rotherham, GB
Employees
308↓ 14% decrease

ITM Power is a company that specializes in designing and manufacturing proton exchange membrane (PEM) electrolysers.

View company
Siemens Gamesa
HQ
Zamudio, ES

Siemens Gamesa Renewable Energy (formerly known as Grupo Auxiliar Metalúrgico) is a company that provides onshore and offshore wind turbine technologies.

View company