Samsung E&A is set to become Nel's largest shareholder and EPC partner, selling complete hydrogen plants using Nel's electrolyser technology. The South Korean firm will develop its hydrogen plant designs based on Nel's electrolyser stack technology. Nel plans to issue over 167 million shares to Samsung E&A, making them a 9.1% shareholder, with a focus on stack technologies. The collaboration will also involve working on larger balance of stack systems for alkaline electrolysers. This partnership comes as Nel, facing financial pressure and stalling projects, shifts its focus to core stack technologies. Industry analysts predict more such collaborations due to financing challenges. Samsung E&A's involvement in hydrogen developments globally is increasing, with a focus on providing integrated electrolyser solutions for green hydrogen projects. The CEO of Samsung E&A highlighted Nel's competitive technology and market leadership in electrolyser production, making the partnership a strategic move for both companies.