Technological advancements in the energy sector and investment opportunities

Really good stuff! I would clarify that the $30M order at this stage only concerned electrolysis equipment. Nel, as far as I understand, delivers the entire station as a turnkey solution.

“The purchase order has a value in excess of USD $30 million, and the electrolysers will primarily be delivered from the new electrolyser mega-factory currently under development in Norway. This purchase order will support Nikola’s five initial stations with 8 ton per day hydrogen production capacity. The remaining equipment will be covered by a separate purchase order that is expected to be finalized within the coming months.”

Information on hydrogen station investments in Nikola’s presentation:
1200 * $14,860,000 = $17.8 billion in revenue for Nel, roughly, between 2020-2028.

https://d32st474bx6q5f.cloudfront.net/nikolamotor/uploads/investor/presentation/presentation_file/7/Nikola_and_VectoIQ_Conference_Presentation_DB_Global_Auto_Conference__6.10.2020_.pdf

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