Nel and Rheinmetall to develop decentralized synthetic fuel production

Nel ASA and Rheinmetall AG signed a memorandum of understanding on October 13, 2026, to jointly develop decentralized production of renewable synthetic fuels for defense and critical infrastructure. Nel will supply electrolyzer technology and Rheinmetall its Giga PtX concept, with Norway as the initial market.

• The MoU was signed on October 13, 2026, and is non-binding
• Nel provides electrolyzers, Rheinmetall contributes Giga PtX and systems integration
• Norway is the starting market, chosen for its renewable power and CCU sector
• The partners will assess sites, power access and sustainable carbon sources