Norwegian electrolyser maker Nel ASA (<a href="https://live.euronext.com/en/product/equities/NO0010081235-XOSL" target="_blank">OSE:NEL</a>) has secured an up-to-EUR-135-million (USD 146.0m) grant from the EU Innovation Fund to support a phased build-out of production of its next-generation pressurised alkaline technology which is currently in the prototype stage.