Nel ASA secures an additional $29 million in tax credits for manufacturing in Michigan


  • A subsidiary of Nel ASA (OTCPK:NLLSY) awarded up to about $29 million in additional investment tax credits for its planned manufacturing expansion in Michigan as part of the Qualified Advanced Energy Projects Tax Credit program.
  • Accumulated, Nel (OTCPK:NLLSY) has now secured nearly $200 million in support in both tax credits and other grants from the State of Michigan and the Department of Energy.



Source link

  • Related Posts

    iPhone 17e vs 16e: What Apple changed and what stayed the same

    Apple’s iPhone 17e stays the same price, but adds an A19 chip, double the storage and faster Qi2 charging. Here’s how it compares to the iPhone 16e and whether the…

    Earnings call transcript: Reach PLC sees strong performance in H2 2025

    Earnings call transcript: Reach PLC sees strong performance in H2 2025 Source link

    Leave a Reply

    Your email address will not be published. Required fields are marked *